The Kakao branch of the Korean Chemical Fiber Food Industry Union, the labour union, said on June 1 it will hold a four-hour partial strike and a rally in Pangyo on Wednesday, June 10.
The union presented two key demands for the strike: securing job stability and improving the compensation system. It urged the company to stop sales, spinoffs and restructuring caused by management failures and to resolve job insecurity.
It also argued that the structure must change, saying executives monopolise overwhelming compensation while their wrong decisions cause job insecurity.
The union decided to proceed first with a four-hour partial strike rather than an immediate full-scale strike. It plans to step up the level of strike action in stages depending on future negotiations.
Kakao management and the union at the company's headquarters failed to reach an agreement in a second mediation by the Gyeonggi Labor Relations Commission on May 27. As a result, the headquarters union has secured the legal right to strike along with four affiliates including Kakao Pay, Kakao Enterprise, DK Techin and XL Games.
Lee Ho-jung
lhj@d-today.co.kr