Every year between Christmas and New Years, Figma gives all employees two weeks vacation to enjoy the holidays. This year’s companywide PTO was looking even more wonderful as many of the software company’s employees hoped regulators would approve its $20 billion acquisition by creative giant Adobe. But on Monday, its U.S. employees awoke to Slack and email notifications saying that the deal was off. It seemed the companies failed to convince European Union lawmakers that an Adobe-Figma merger would not equate to a creativity software monopoly.
With just three hours notice, Figma called its 1,300-person workforce (known internally as "Figmates") back from vacation to attend a spur of the moment optional town hall that reviewed the company's future with the Adobe deal scuttled, Fortune has learned.
