Logic Industries To Lay Off 270

May 26, 2015 | Logic Industries, controlled by Mati Kochavi, has plans to close by the end of 2015 and as part of the move, 270 employees will be laid off in the coming months. Currently, Logic Industries is working on completing a project for a Persian Gulf country. The employees in the research and development unit will be moved to a new company in Kochavi’s AGT Group. Logic Industries focuses mainly on the homeland security solutions sector and is headquartered in Yakum, Israel.