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The L-1 depends on an ongoing qualifying relationship between the U.S. and foreign entities. If that relationship or your qualifying role ends, your L-1 eligibility is affected.
The L-1 classification exists only because of the corporate link between your foreign employer and the U.S. company. If the qualifying parent, branch, subsidiary, or affiliate relationship is dissolved, the basis for your L-1 status can disappear.
Similarly, if you stop performing the executive, managerial, or specialized-knowledge duties on which the petition was approved, you may no longer meet the requirements.
If your L-1 employment ends, you should promptly explore other options, such as a change of status or a new petition with another employer, since the L-1 itself is not portable in the same way an H-1B is.
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