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Games & Commerce

Kakao union presses ahead with first headquarters strike, warns of second walkout on June 29 logoff day

Kakao\'s labour union held the company\'s first partial strike at headquarters and staged a large rally around Pangyo, demanding job security and accountability from management. The union said it would also stage an additional walkout on June 29 dubbed a \"logoff day\". The dispute over whether performance pay includes restricted stock units has broadened into conflict over compensation system changes and job insecurity.

Games & Commerce

Kakao begins first-ever partial strike at headquarters as five affiliates take joint action

Kakao\'s union will begin a partial strike at the company\'s headquarters at 10 a.m. on June 10, the first such action since Kakao was founded. Four affiliates including Kakao Pay, Kakao Enterprise, DK Techin and XL Games will join, with five entities carrying out the strike together. The walkout will run from 10 a.m. to 3 p.m., excluding a one-hour lunch break. The dispute follows a breakdown in wage talks, centring on bonus allocation and RSU payments.

Games & Commerce

Kakao union says Hong Min-taek CPO exit shows collapse of accountable management

Kakao’s union said on Monday it issued a statement criticising the sudden resignation of Chief Product Officer Hong Min-taek as a collapse of accountable management by the company’s leadership. The union said excessive working hours, a worsening organisational culture and disputes over performance-based rewards arose during his tenure amid aggressive projects including the “KakaoTalk Big Bang Project”. It said management offered no responsible explanation and called the resignation a “quiet exit” that avoided accountability.