Velodyne Lidar
🇺🇸 United StatesTransportation
Total Affected
360
Total Events
2
Layoff History
2/24/2023US
220
affected
Velodyne Lidar, a San Jose-based provider of laser-based lidar technology for autonomous vehicles and other applications, laid off 220 employees in February 2023. These job cuts were part of a broader wave of nearly 600 Bay Area reductions announced by tech and life science firms at the time. The layoffs at Velodyne followed its recent merger with another lidar company, Ouster, as the combined entity streamlined operations. This move reflected ongoing consolidation and cost-cutting pressures within the competitive lidar and automotive technology industry.
4/3/2020US
140
affected
Velodyne Lidar laid off 140 employees on 2020-04-03.