I couldn't find a lot of info online about this.
Wanted to know what happened to the H1B holders during previous recessions where there aren't many jobs and many had to be let go.
Returning back to home country is the only option from what I can see, given it'll be difficult to find a new job in 60 days during such periods.
- Microsoft dam sonOne guy returned to his hometown in India. Ended up creating a SaaS unicorn with his friends over the next 10 years.
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- Green card was much faster. You had to sail through for 1 year and you were all set.
- PTC Googler19I was in IBM India from 2008 to 2011 supporting the immigration team .
No one who was onsite ever returned. (At least not in Pune).
When projects got closed, those who were onsite either joined the client or became consultants at shady places or went to college.
I did not hear of anyone out of the 1200 or so onsite resources who actually returned.
- Wells Fargo ryaLegally many people went back to home country because they couldn’t find jobs.. there are some people found shady employers where they paid money to the employer to run the pay check monthly until they found a job and some folks joined school where the provide cpt on day one..so they can stay legal and use it for jobs..