Tata Consultancy Services has withheld quarterly variable pay from employees at the C3A grade and above after missing internal targets for the September quarter. The decision comes as the company reported its weakest sequential September-quarter revenue growth in three years, even as annualised AI revenue rose sharply. TCS Withholds Variable Pay From Senior Employees TCS will pay no quarterly variable allowance (QVA) to employees in the C3A grade and above for the July