If I get laid off while my H1-B application is under process, can I transfer it to another employer?

Question Details: My legal status is F-1 student in the OPT extension tenure. My employer has applied for my H1-B visa and they had to lay me off due to internal issues. Will I be able to transfer the visa if it gets approved. What is the best course of action, that I can take at the moment.

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