---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-041136"
form_type: "8-K"
ticker: "OUST"
cik: "0001816581"
company_name: "Ouster, Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:41:36.984348+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ouster to cut ~180-200 jobs, incur $27M-$30M restructuring charges post-Velodyne merger

## Summary
- Reduction in force impacting approximately 180-200 employees, effective February 10, 2023.
- Aggregate charges of $27M-$30M, including $12M-$13M cash termination benefits and $0.5M India facility contract termination.
- Non-cash stock-based compensation charge of $14.5M-$16.5M from accelerated vesting for terminated employees.
- Most charges expected to be recognized in Q1 2023; actions aim to streamline operations and realize merger synergies.
- Facility consolidation includes closing Velodyne's India facility.

## SEC filing metadata
- accession: 0001193125-23-041136
- form_type: 8-K
- ticker: OUST
- cik: 0001816581
- company_name: Ouster, Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816581/000119312523041136/0001193125-23-041136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816581/000119312523041136/d414657d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-041136
- JSON: https://secwatch.observer/filing/0001193125-23-041136.json
- Plain text: https://secwatch.observer/filing/0001193125-23-041136.txt

## Key facts
- Restructurings & Charges
  Ouster, Inc. announced a restructuring with charges of approximately $27.0 million - $30.0 million of aggregate charges, which we anticipate to include $12.0 million - $13.0 million of one-time cash termination bene (approximately 180-200 employees).
  - Type: restructuring
  - Charge: approximately $27.0 million - $30.0 million of aggregate charges, which we anticipate to include $12.0 million - $13.0 million of one-time cash termination bene
  - Headcount: approximately 180-200 employees
  source text: including Velodyne’s facility in India (collectively, the “Restructuring Initiatives”). The Restructuring Initiatives are expected to result in a range of approximately $27.0 million - $30.0 million of aggregate charges, which we anticipate to include $12.0 million - $13.0 million of one-time cash termination benefits, $0.5 million of facility contract in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816581/000119312523041136/0001193125-23-041136-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.