SiliconBeat

On Tuesday, LogicVision of San Jose “notified” its chief financial officer, Bruce Jaffe, and top operations officer, Ronald Mabry, that, “as part of (LogicVision’s) expense reduction efforts, their employment was terminated” that very day, according to a filing with the SEC. Their duties were to be taken over by “existing employees.”

Jaffe, who made about $280,000 last year in salary and cash bonus, was replaced by the company’s controller, Mei Song. Fadi Maamari was named the company’s chief financial officer to take over the duties performed by Mabry, who was paid about $278,000 last year in salary and bonus. Maamari had been the company’s vice president of engineering since June 2006.