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Back|Kakao labor union holds joint bargaining declaration ceremony and Kakao Bank strike resolution meeting on the 26th
Kakao labor union holds joint bargaining declaration ceremony and Kakao Bank strike resolution meeting on the 26th
Developing
연합뉴스·yesterday·Labor·3 min read·🇰🇷South Korea·

Kakao labor union holds joint bargaining declaration ceremony and Kakao Bank strike resolution meeting on the 26th

Employment instability and management responsibility issues raised following Kakao's personnel spin-off announcement

Quick Look

  • The Kakao labor union will hold a joint negotiation declaration ceremony and a Kakao Bank strike resolution meeting at the Pangyo Station Square on the 26th.
  • The union is criticizing the lack of prior consultation with workers in the company's decision to split personnel, and is demanding job security and responsible management.

AI-generated summary

Why It Matters

Kakao recently decided to split its personnel into Kakao AI and Kakao X through its board of directors. Unions are raising concerns about the impact this split will have on employment and working conditions.

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The Kakao union will hold a joint negotiation declaration ceremony for the Kakao community and a resolution meeting for the Kakao Bank continuous strike at the Pangyo Station Plaza at 1 p.m. on the 26th.

The Kakao Association (Kakao Union) of the National Chemical Fiber and Food Industry Workers' Union (Kakao Union) issued a statement with these contents on the 21st.

This day's event is the first large-scale union event held immediately after Kakao announced that it would split the company into Kakao AI and Kakao X.

In a statement on this day, the Kakao union pointed out, “Kakao presented the reasons for this division as improving corporate value and improving the efficiency of decision-making and capital allocation,” and added, “The reason for damaging corporate value was not only the complex business structure.”

The Kakao union criticized, “It is more important how to protect the employment and working conditions of workers in the event of restructuring, sale, merger, spin-off, or business transfer after the division,” and added, “During this announcement, most members were not provided with sufficient information about their future, and there was no prior consultation with the labor union.”

Seo Seung-wook, head of the Kakao union branch, pointed out, "Splitting Kakao into two may be the company's decision, but the company cannot unilaterally decide on changes in employment and working conditions that result from that decision. Even if the company is split, it cannot split responsibility for management failures and members."

Kakao's position is that it will pursue joint negotiations using this personnel division as an opportunity.

Currently, issues such as wages, compensation, employment security, sale of affiliates, and restructuring occur in each corporation, but the union's position is that decisions regarding major investments, business reorganization, personnel management, and capital allocation are made at the community level.

In particular, the union argued that as the decision-making structure becomes more complex after the division, it is difficult to solve practical problems if the bargaining structure is separated by corporation.

Accordingly, Kakao Association plans to create a structure through joint negotiations where issues that are difficult to resolve by individual corporations, such as responsible management, employment stability, and fair performance distribution, can be discussed with actual decision-makers.

Park Seong, head of the Kakao Union's struggle headquarters, said, "The 26th is the day when Kakao Bank workers decide to fight ahead of a five-day strike in a row, and at the same time, it is the day when Kakao community workers declare that they will no longer resolve problems individually by dividing up each corporation. If the company decides at the community level, the workers will also negotiate and respond at the community level."

Prior to the rally, the Kakao union will hold an open talk for members during lunchtime on the 24th, listen to questions from members about the new corporation and division, and plan to hold additional open talks in the future.

On this day, Kakao held a board meeting and decided to split the company into Kakao AI and Kakao X.

What to Watch

AI outlook — possibilities, not facts

  • On the 26th, the Kakao Community Joint Negotiation Declaration Ceremony and Kakao Bank Strike Resolution Meeting were held.

    Very likely · Within days

Open Questions

  • ?What are the specific employment succession plans after the division?
  • ?Will the company accept the request for joint negotiations?

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This article was originally published by 연합뉴스.

Quick Look

  • The Kakao labor union will hold a joint negotiation declaration ceremony and a Kakao Bank strike resolution meeting at the Pangyo Station Square on the 26th.
  • The union is criticizing the lack of prior consultation with workers in the company's decision to split personnel, and is demanding job security and responsible management.

AI-generated summary

Story signals

News tone
Negative
Emotional intensity
High
News value
High
Global impact
National
Urgency
Developing
Follow-up likelihood
Certain
Relevance window
Days

Source & Reliability

Source
연합뉴스
Story type
Hard news
Source quality
Full
Published
yesterday
Last updated
yesterday
View original
cacao
Kakao Bank
labor union
cacao
Seo Seung-wook
Park Seong-seong
Kakao Bank
Kakao Association of the National Chemical Fiber and Food Industry Workers' Union
Pangyo Station
Kakao Bank
labor union
personnel division
joint negotiation
strike

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