Stop sugar coating, brace for impact.
Some will be hired by Qualcomm competetors without pay cut and get to stay in San diego. They are mostly from modem team or gpu team.
Some will be hired by smaller company with significant pay cut, but they can stay in san diego. They have skill sets that are somewhat sorted after.
Some will be able land a job in Bay area. But they have to commute between Bay area and SD weekly or biweekly since living coast in bay area is simply too high.
Some will change their career path completely. Engineer -> door dash driver.
Some will be forced to leave US after grace period for h1b expires.