The bottom line
The decline of job-hopping; Fewer Harvard grads for Wall Street; The global reach of U.S. Internet companies; McDonald’s struggles with salad sales; Swearing at work; Layoffs at Zynga
The decline of job-hopping
Fifty-three percent of U.S. adults say that they have held the same job for at least five years. That’s up from 46 percent in 1996.
The Wall Street Journal
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Fewer Harvard grads for Wall Street
Only 15 percent of Harvard College’s class of 2013 will be entering the finance sector this year. In 2007, before the financial crisis, 47 percent of the school’s graduating seniors went into finance.
The Harvard Crimson
The global reach of U.S. Internet companies
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Eight of the top 10 global Internet companies are based in the U.S., but more than eight in 10 of their users are outside the U.S.
The Wall Street Journal
McDonald’s struggles with salad sales
McDonald’s gamely introduced healthier menu items amid complaints over its high-calorie food, but it is now struggling to persuade customers to eat their greens. Salads make up just 2 to 3 percent of the fast-food chain’s sales, while the meat-heavy Dollar Menu generates 13 to 14 percent of sales.
Bloomberg.com
Swearing at work
More than 50 percent of workers admit to swearing at work, even though it often does their careers no good. One survey has found that 57 percent of employers are less likely to promote an employee who swears on the job.
CNN.com
Layoffs at Zynga
Social game maker Zynga says it plans to cut $80 million in staff costs by laying off 520 employees—18 percent of its workforce. The company, which has struggled since its rocky IPO in 2011, said it would shutter offices in New York, Los Angeles, and Dallas by August.
AllThingsD.com
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