Velodyne Lidar, the $1.6B company going public in a reverse merger, received a multimillion-dollar PPP loan

Velodyne Lidar, the $1.6B company going public in a reverse merger, received a multimillion-dollar PPP loan

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The loan came at about the same time that the San Jose company was accused in a lawsuit filed of cutting 140 jobs improperly with only one day's notice and using the Covid-19 pandemic as a cover for shifting jobs overseas.

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