Maintaining Status with an Approved I-140 after a Layoff

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What are the options to maintain status after a job loss when an individual is on their first H-1B but has an approved PERM and I-140 from a future employer?

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 Once an I-140 is approved and held for 180 days, the priority date is locked, and the applicant can extend an H-1B infinitely with any employer. To bridge a gap between roles, filing for a B-1 visa with an explicit intent of job hunting is a suggested strategy, rather than switching to an F-1 unless it represents a logical career progression.

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