Yes, but because the H1-B holders have to find a new employer within 2 weeks or lose their visa, the threat of firing is the same thing as deportation, making for a form of indentured servitude. That forced loyalty, more than the salary, is the real draw.
Even 60 days is a short timescale to find, be interviewed for, and accept a job in a technical field. My last job application took nearly that much time just from the first interview to an accepted offer, and that's without the added complication of transferring visa status.
Still makes being fired a lot scarier. If I knew getting fired meant I’d only have 60 days to find a new job or I’d be deported, I’d put up with quite a bit more from my employer than I currently do.
Oh for sure, it's a very short amount of time to arrange all that. Just want to clear up the time it is, and that people do exaggerate it as having no options at all, which isn't quite true. It's possible and doable, but not as easy as just having the job you already have.
It's 60 days, not 2 weeks, and you can transfer an H1B over to a new job within that 60 days, or if you know you're going to be terminated (e.g. you're on a PIP) then you can transfer the H1B to a new employer anyway.
Wouldn't say it's necessarily easy to do so, but it's not an automatic deported from the country kind of deal.