Big Groupon Exec moves shake up the stock

The HR folks must be exhausted... over at Groupon ($GRPN) . All in one day, the struggling daily-deal website announced that CFO Jason Child would be leaving for a shinier new desk over at Jawbone after 5 years at the company. At the same time, Rich Williams was promoted internally for a fancy new COO office. It's like musical chairs, but with really big chairs.

So how do you calm down shareholders... after a day of corporate quitin' and hirin'? Operation share buyback. Groupon also announced Wednesday that it will purchase another $200 million of its own stock so that, just like Wendy's, it proves its confidence in the company's own financial future. But Wall Street just hopes Groupon can beat its revenue projections for the 2nd time in a row next quarter.

The takeaway... is that a new COO is nice, but profits are nicer. Chicago-based Groupon has been dealing with a slowdown in users as consumers start to feel "deal fatigue" -- that awkward laziness when saving $5 on fries and a burger at some restaurant you probably didn't want to go to anyway stops appealing to you. Investors are mainly hoping Groupon can figure out more creative ways to re-engage is tiring user base.