Unionized members of Kakao Corp. stage a demonstration near the company's headquarters in Pangyo, Gyeonggi Province, May 20. Yonhap
Kakao Corp.'s labor union said Monday it will initiate a partial walkout next week, after a second round of wage talks mediated by the government fell through last month.
Unionized members said in an official statement it will stage a four-hour strike on June 10 and march near the company's headquarters in Pangyo, Gyeonggi Province, south of Seoul.
It demanded the company secure the employment stability of its workers and improve its compensation structure, which it claims allows executives to "monopolize excessive rewards."
The union also warned it could increase the scale of the strike depending on the outcome of future negotiations.
