What happens if you get laid off from a company that sponsors your visa?

I am sorry to inform you that if you lose your job, your green card application goes out along with it. However, there is an exception. You may want to look into AC 21 which may allow your green card application to be transferred to a new employer. My best advice is to search for a new employer now.

If you are laid off but are able to find a new job with a new employer in the same or similar job classification, you should be able to port your I-485 on the basis of AC21. Please feel free to contact me directly with any additional questions or if you need assistance with this matter.

If your I-140 has been approved more than 6 months ago, you might be in luck. There is something in the law that says if you have a complable new job in the same field, your I-140 was already approved, and your adjustment is pending, you can "port" your job. THis is a difficult issue that should be handled by an attorney familiar with work-based immigration. Good luck.