The dynamics of the melt pool and keyhole was investigated during CO2 laser welding using high-speed video photography and the laser reflectometer technique. A low-power argon laser beam, focused on the weld pool, provided illumination to obtain a direct image of the weld pool surface. The near-surface plasma emission background was decreased by using a narrow-bandwidth interference filter centred at the argon laser wavelength (514 nm). A variation in the shape of the keyhole opening with a characteristic frequency higher than 1 kHz was observed both during spot welding and during welding with a moving beam. For the case of spot welding with a 20 ms laser pulse, long-wavelength (about 1 mm) oscillations of the weld pool were observed with a frequency during the laser pulse and the first 5 ms after the laser pulse in the range 200-500 Hz. In the time interval starting at 25 ms and ending at approximately 40 ms from the beginning of the laser pulse, the long-wave oscillation frequency increased up to 1.3 kHz. The solidification time was determined to be approximately equal to the pulse duration for the spot welding. Surface deformation during cooling was also observed. This information is used to develop a model illustrating the dynamics of the post-pulse weld pool.