H1 to H4 to H1 (H-1B in 7th year)


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I am on 7th year H-1B with PERM and I-140 approved. My employer is going to announce mass layoffs next week. Preparing for worst, If I can't find a job with in a month I am planning to switch to H4 status. 

1. If I find a job while I am on H4, shall apply COS and come back to H-1B?

2. I heard, cases like this will be give consular processing, meaning, I have to leave USA and enter with VISA stamp for new employer. 

 

Thanks in advance.

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I am on 7th year H-1B with PERM and I-140 approved. My employer is going to announce mass layoffs next week. Preparing for worst, If I can't find a job with in a month I am planning to switch to H4 status. 

1. If I find a job while I am on H4, shall apply COS and come back to H-1B?

2. I heard, cases like this will be give consular processing, meaning, I have to leave USA and enter with VISA stamp for new employer. 

 

Thanks in advance.

1. Only if your I-140 is not revoked by employer.

2. Not really.

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