Will L1B be valid after H1b is approved?

Question

I am on L1b visa and have a valid i94 till Jan 2014.  Now, my H1b is approved and valid from Oct 1st.
1. Since I didn't get job, can I work with the previous employer on L1b till I get job?
2. Can my wife work as long her EAD is valid?

Answer 1

If you don't get a job, then H1b status is invalidated. If you have no work, then you will be out of status and benching is not allowed. You can even talk to your H1b sponsorer to withdraw H1b petition.