What does this mean (if anything) for engineer salaries 1) in CA and 2) elsewhere in the country? edit: VMware Cuts Pay for Remote Workers Fleeing Silicon Vall

What does this mean (if anything) for engineer salaries 1) in CA and 2) elsewhere in the country? edit: VMware Cuts Pay for Remote Workers Fleeing Silicon Valley https://www.bloomberg.com/news/articles/2020-09-11/vmware-twitter-cut-pay-for-remote-workers-fleeing-bay-area https://www.bloomberg.com/news/articles/2020-09-11/vmware-tw...