Closing date is First week of Nov; Offers will be given out on First/Second week of October; Regular via transfer is taking 4 months; How will employees on H1B join in such a short notice? Will they be put on transition category?
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Please have backup plans if possible
Transferring companies, you are at the mercy of the government. It the visa is denied, you'll be sent back home. I've seen it happen in outsourcing situations.