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Kakao union formalises opposition to spin-off, seeks joint bargaining

Kakao\'s labour union has formalised its opposition to the planned corporate spin-off that would split the company into KakaoX and KakaoAI, and said it will work to defeat the proposal at a shareholders meeting. The union also plans to pursue joint bargaining at the Kakao group level in addition to talks at individual affiliates. It is seeking fuller disclosure of post-split employment and organisational plans and consultation before a planned extraordinary shareholders meeting in December.