Demands from labor union 'huge burden' on company, says Kakao's management

Demands from labor union 'huge burden' on company, says Kakao's management - The Korea Times

Kakao's management rejected its union's compensation demands as an unacceptable operational burden, after negotiations broke down and five business units — including Kakao Pay and Kakao Enterprise — voted to strike in June. The dispute centers on equity compensation (RSUs) and incentive redesign, signaling that Korean tech firms face growing internal pressure on pay structures even as they compete for talent against well-capitalized global big tech players.