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Re:H-1B Visas: U.S. Lawmaker Re-Introduces Bill to Tighten R... by hatred on Monday January 09, 2017 @09:59PM (#13362180)
That has been true for many years that is _technically_ you would loose your status the day you lost your job and leave the country. However, there were ways around this.

This has been recently changed though giving a grace period of 60 days and goes into effect from Jan 17:

https://www.uscis.gov/news/news-releases/uscis-publishes-fin...

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