For those that may not know, net profit is the term used for profit after expenses, meaning this is the money left over after the company pays all its bills. It's the money sitting in their bank account at the end of the day. These companies are also responsible for producing most of the products in grocery stores and are largely responsible for the prices we pay for food.
PEPSICO
PepsiCo net income for the twelve months ending September 30, 2022 was $9,714,000,000 a 19.32% increase year-over-year.
Pepsico has 309,000 employees, earning on average $40.38 an hour.
PEPSICO made $31,436 in profit off the backs of every employee.
KELLOGG's
Kellogg's net income for the twelve months ending September 30, 2022 was $1,491,000,000, a 18.33% increase year-over-year.
Kellogg's has 31,000 employees, earning an estimated $78,862 on average.
Kellogg's made $48,096 in profit off the backs of every employee.
KRAFT (Mondelez Intl)
Mondelez net income for 2021 was $4,300,000,000, a 20.96% increase from 2020.
Mondelez has 79,000 employees, earning on average $87958 per year.
Mondelez made $54,430 in profit off the backs of every employee.
NESTLE
Nestle's net income for 2021 was $18,496,000,000, a 41.77% increase from 2020.
Nestle has 276,000 employees, earning an average of $85,000.
Nestle made $67,014 in profit off the backs of every employee.
GENERAL MILLS
General Mills net income for the twelve months ending August 31, 2022 was $2,900,000,000, a 24.59% increase year-over-year.
General Mills has 40,000 employees, earning an average of $86358 per year.
General Mills made $72,500 in profit off the backs of every employee.
COCA COLA
Coca Cola net income for the twelve months ending September 30, 2022 was $9,925,000,000, a 12.62% increase year-over-year.
Coke has 79,000 employees, earning $18.02 an hour on average.
Coke made $125,632 in profit off the backs of every employee.
BUT WHAT ABOUT FAST FOOD WORKERS?!
YUM BRAND (Taco Bell, KFC, Pizza Hut)
Yum! Brands net income for the twelve months ending September 30, 2022 was $1,284,000,000.
Yum! Brands total number of employees in 2021 was 36,000, with many earning minimum wage.
Yum! Brands made $35,666 in profit off the backs of every employee.
MCDONALDS
McDonald's net income for the twelve months ending September 30, 2022 was $5,913,000,000.
McDonald's total number of employees is estimated to be 200,000, with many earning minimum wage.
McDonald's made $29,565 in profit off the backs of every employee.
This money could be distributed in raises, bonuses, and benefits provided to employees. Instead, it's amassed as quarterly profit to impress shareholders and used to pay them dividends, or used to expand or acquire other companies and continue this trend of gross exploitation.
Stop working for peanuts. Demand a raise. Unionize your workplace.