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VMware, Twitter Cut Pay for Remote Workers

Sep.11 -- VMware Inc. has joined technology companies such as Facebook Inc. and Twitter Inc. in letting some of its office staff choose to permanently work from home in the wake of the coronavirus pandemic. But employees who worked at VMware’s Palo Alto, California, headquarters and go to Denver, for example, must accept an 18% salary reduction, people familiar with the matter said. Bloomberg's Nico Grant has more on "Bloomberg Markets: The Close."