H1B - Offers Rescinded?
International who signed an EB offer for FT 2026. Any likelihood that offers would be rescinded? Should we reach out to HR/senior bankers to ask?
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Based on the most helpful WSO content, rescinding offers can happen, but it typically depends on specific circumstances. For international candidates, especially those requiring H1B sponsorship, the likelihood of rescinded offers may increase if there are external factors like economic downturns, firm-specific challenges, or visa-related complications.
Here are some key points to consider:
Likelihood of Rescission: While rescinding offers is not the norm, it has been reported in cases where firms face financial strain or market instability. For example, during the oil price crash and COVID-19 panic, some Houston banks rescinded offers for incoming analysts.
H1B Sponsorship Concerns: If your offer is contingent on H1B sponsorship, ensure that the firm has a strong track record of supporting international hires. Some firms may reconsider offers if they anticipate challenges with visa approvals.
Reaching Out to HR/Senior Bankers: It’s generally a good idea to maintain open communication with HR. However, reaching out to senior bankers should be done cautiously and only if you have a specific concern or need clarification. HR is typically the best point of contact for offer-related questions.
Proactive Steps:
If you’re feeling uncertain, it’s better to address your concerns early rather than waiting for potential issues to arise.
Sources: Current IBankers: What would you do if a summer candidate reneged another offer to sign with your firm?, Current IBankers: What would you do if a summer candidate reneged another offer to sign with your firm?, RESCINDED FT Analyst Offer, Incoming FT offer rescinded? Houston IB, RESCINDED FT Analyst Offer
On the same boat, I guess we just have to wait
If you already signed a full-time offer for 2026, it’s usually solid unless there’s a major downturn or performance issue during internships. Banks don’t rescind offers for no reason. You don’t need to reach out to senior people if you want clarity, a quick, casual check-in with HR is enough.
Had a BofA SF FT offer that got rescinded just yesterday. Got a call from HR out of nowhere and was told that the team is going through headcount changes and H1B adjustments, so they had to pull a few offers, including mine
Honestly have no idea what to do now and cried myself to sleep last night lol
were you recruiting as an intl student?
If you are shifting from F1 (OPT) to H1B then the recent provisions do not apply, so not sure why they would pull your offer if that's the case. Honestly don't think this poses an issue to most banks who have historically sponsored int'ls
I have a friend who got his summer 26' offer rescinded but HR told him it was just due to headcount changes but likely also the same reason. That's genuinely fucked up, sorry to hear it happened to you
Was your friend international?
For Canadians, is it harder do you guys to get a sponsorship comparing to STEM OPT kids in US?
US government just released their new doctrine on foreign policy , called national defense strategy
One of their largest concerns is immigration and limiting it
Not sure how much this will affect h1b but I would start looking for a job in your own country
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