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Meta's looming layoffs & path forward, Airbnb answers concerns & more | E1606
This Week in Startups
The Relationship Between Stock Buybacks and Employee Management Grants
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Facebook has increased its share buyback program by $50 billion over the next five years. The company is also giving employees management grants to motivate them, which could be seen as a win-win situation for all shareholders. Jim Kramer was upset about Facebook's stock price because he says Zuck is choosing to burn money rather than run down profits.
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