H1B laid off

[neotest]

Hello

I was on H1B and worked in USA for more than year on H1B. I have valid stamp in my passport.

Got laid off on 16 dec 2015. Employer said they will inform USCIS to revoke my petition. So I will be out of status.

I found new employer who filed for LCA. Today on 13th Jan 2016 they filed for H1B in premium processing.

What are chances of acceptance ?
1. If it gets rejected I have no option but to leave USA. Correct ?
2. I heard most likely visa might get approved but no I94 (Form I797B). If that happens do I need to get new stamp on passport or original stamp with new approval is enough?

Any guidance will be helpful.

Thanks

[shervin143]

What are chances of acceptance ?
>>> If your transfer is filed with December's pay slip, then you are good. When did you receive your last pay statement?

1. If it gets rejected I have no option but to leave USA. Correct ?
>>> Right.

2. I heard most likely visa might get approved but no I94 (Form I797B). If that happens do I need to get new stamp on passport or original stamp with new approval is enough?
>>> Exist valid visa with the new approval notice will work. But your I-94 can be issued only till the visa expiry date even if the petition is valid for a long time.