KOR
▲ Kakao Bank
The Kakao labor union announced it will oppose Kakao's corporate split plan and demand joint bargaining across the entire Kakao community on the 26th.
The Kakao branch of the Korean Chemical, Food and Allied Industry Workers' Union will hold a "Kakao Bank Strike Resolution Rally" and a "Declaration Ceremony for Joint Bargaining Against Kakao's Split" at 1:00 p.m. today at the Pangyo Station plaza in Seongnam, Gyeonggi Province.
This ceremony marks the first large-scale union event since Kakao announced its corporate split plan on the 21st to divide the company into a new entity, "Kakao AI," responsible for the artificial intelligence platform business, and the surviving entity, "Kakao X," handling investments and subsidiary management.
Kakao plans to complete the split on January 1 of next year, following an extraordinary shareholders' meeting scheduled for December 17.
The union argues that even if a corporate split is pursued, responsibility for management failures, restructuring, employment instability, and compensation issues cannot be separated away.
It claims that sufficient information regarding how employment and working conditions will change during the split process has not been provided, and that no prior consultations took place.
Consequently, the union is expected to demand responsible management, employment stability, and prior consultation during organizational restructuring as joint bargaining agendas at this resolution rally.
Negotiation issues regarding wages and performance compensation for the Kakao Bank union will also be addressed together today.
The Kakao Bank union staged one-day strikes on July 31 and August 14, stating that management has failed to present a bargaining proposal acceptable to union members.
It has also announced preparations for a full general strike lasting five consecutive days from the 31st of this month to September 4.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
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