Kakao Labor Union Holds Protest Over Upcoming KakaoBank Strike: Is There an Exit Strategy?
Kakao's labor union announced on February 21 that KakaoBank employees will launch a full-scale strike on March 31, following the collapse of wage negotiations the previous day. The escalating conflict between management and the union has deepened, with workers holding placard protests outside KakaoBank's headquarters in Pado, Gyeonggi Province. Over 300 union members participated in the noon-hour demonstration, demanding proactive wage talks. The strike follows failed mediation efforts by the Gyeonggi Industrial Labor Commission, granting the union the right to strike. While initial disputes centered on the parent company, the conflict has expanded to subsidiaries, complicating negotiations. Industry experts warn that unresolved labor tensions threaten Kakao's competitiveness in the AI-driven global market.