Saturday, 10 October, 2026
Pay Cut at the Top: TCS Halts Quarterly Variable Pay for Senior Staff
By TechShots Studio

Tata Consultancy Services (TCS) has notified senior employees that they will miss out on variable pay for the September quarter. The move, communicated via an internal memo, reflects growing margin pressures, macroeconomic headwinds, and stricter operational performance metrics across India's largest IT exporter as the broader tech services sector navigates slowing client spending.
Read full story at LIVEMINT