Qualcomm layoffs hit IIT Hyderabad graduate who landed Rs 26 lakh campus placement

12-Nov-2026

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An engineering graduate took a year off to prepare for GATE, pursued an MTech at IIT Hyderabad, and secured a highly paid campus job at Qualcomm. 

However, despite years of effort and a Rs 26 lakh+ salary offer, he was laid off amid Qualcomm's global workforce reduction impacting around 1,000 jobs in India. 

This highlights the uncertain tech job market and shows that prestigious degrees and campus placements no longer guarantee job security, especially in the semiconductor industry.