Shweta Kukreja shared a story on X (formerly Twitter) about meeting a cab driver who used to work as an engineer at Qualcomm but now earns more from driving a cab.
Comments on the tweet reflected various similar cases, including a panipuri vendor and a momo vendor, who are earning substantial amounts despite having less formal education.
Qualcomm's financial struggles are evident with layoffs of 415 employees this year, a 25% decline in mobile chip sales, and a 52% decrease in net income year-on-year in Q3 FY23.