According to a Moneycontrol report, Tata Consultancy Services (TCS) has lowered the average variable pay for mid-level and senior employees to 60-70% for the first quarter, down from the 80% seen in the two preceding quarters. This reduction is attributed to pressure on operating margins and the company's focus on AI investments. The report noted that junior-level staff, however, will still receive their full 100% quarterly bonus.

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