Trump administration proposes waiving grace period for H-1B holders after job loss

Consultancy companies such as Deloitte, PwC and Ernst & Young as well as outsourcing giants like Tata Consultancy Services, Infosys, HCL Tech and LTIMindtree are top H-1B sponsors.

Lawyers for Berardi Immigration Law, which specializes in business-related immigration issues, said the move would "sharply compress the timeline HR teams have to manage layoffs and offboarding for foreign national employees."

If implemented, the change would also apply to E-1 international trader visa holders; E-2 commercial vehicle operator visa holders; L-1 short-term work for executives or managers with international companies; O-1 visas for people "with an extraordinary ability" in science, sports or the arts; and TN professional workers.

It also would impact H-1B1 skilled worker visa holders from Singapore and Chile and E-3 specialty worker visa holders from Australia.