Kakao Corp. labor union members vote to strike amid wage talks failure
Quick Look
- Kakao Corp.'s labor union members across five affiliates, including Kakao Pay and Kakao Enterprise, have approved a strike vote following failed wage negotiations.
- Action plans will be announced soon.
AI-generated summary
Why It Matters
A labor union representing workers at Kakao Corp. and its affiliates has approved a strike vote after wage negotiations with management failed. Mediation attempts with the Gyeonggi Regional Labor Relations Commission were unsuccessful for several affiliates.
SEOUL, May 20 (Yonhap) -- A labor union of Kakao Corp., the operator of South Korea's popular messenger service, said Wednesday that unionized members across five affiliates have approved a vote to stage a strike amid failed wage negotiations.
Unionized workers across five affiliates of the IT company, including Kakao Pay and Kakao Enterprise, backed the strike authorization vote, and detailed action plans will be announced soon, according to a union official.
The union earlier filed for mediation with the Gyeonggi Regional Labor Relations Commission after failing to reach an agreement in wage negotiations with management.
But mediation proceedings for Kakao's headquarters were postponed, while those for Kakao Pay, Kakao Enterprise, DK Techin and XL Games ended in failure.
What to Watch
AI outlook — possibilities, not facts
Detailed action plans for the strike will be announced soon.
Very likely · Within days
A strike will commence if no agreement is reached.
Likely · Within weeks
Open Questions
- What are the specific demands of the labor union regarding wages?
- When will the detailed action plans for the strike be announced?
- What is the expected impact of the strike on Kakao's services?
- Will Kakao's headquarters' mediation proceedings be rescheduled?
