QAD was acquired by TB in November 2021, shortly have this had completed in January 2022 there were layoffs, an announcement to close and sell the head office. Looks like more out sourcing to India, it doesn't look good for those remaining!

QAD sometimes does good and sometimes does not do good - that's why stock fluctuates - no layoffs, no plans for layoffs - it seems that we are in a stable phase