I’ve done it with a number of trees, both with four and three together, with more or less success. They do great overall. With stone fruit like peaches and some plums, they will start dying off after ten to fifteen years here, until all have to be replaced. Not an easy task with mature stumps.
If you want hundreds of figs ripening all at once to preserve then this wouldn’t work for you but if you want a great variety of figs ripening in sequence over a long season and your space is limited, it can’t be beat.
Below is a planting of a group of three figs together I planted last year in a triangle around 18” apart. Bushy, short Ronde de Bordeaux is on the south point of the triangle with Lebanese Red on the back left and Marseilles Black VS on the back right. A four planting wouldn’t work well for figs because the front ones would shade the back trees but a three planting gives each fig its “day in the sun” adequate to ripen figs well. Figs can be trained to grow out/up rather than up with a space in the middle of the planting to allow for air circulation. The only thing I can't train is my gardners, who will quickly gird a tree with their weed eaters if there aren't plastic protecters on the tree trunks.