Curious to see if the failed Figma/Adobe merger spells layoffs at Figma…$20 billion is a shit ton of money to not have coming into your company.
Thread
"As a result of the termination, Adobe will be required to pay Figma a reverse termination fee of $1 billion in cash." - the verge theverge.com/2023/12/18/240…
Adobe abandons $20 billion acquisition of Figma
Figma will receive a $1 billion fee.
theverge.com
I saw that too. Assume it will help, but won’t be surprised if there are some cutbacks. Hopefully they have been frugal with hiring 🤞
they have not "over the past 15 months. Our team [...] added more than 500 new Figmates." source: figma.com/blog/figma-ado…