Kakao Bank Workers Stage 1-Day Strike as 700 Join Wage Dispute
Updated
Updated · 코리아타임스 · Jul 31
Kakao Bank Workers Stage 1-Day Strike as 700 Join Wage Dispute
3 articles · Updated · 코리아타임스 · Jul 31
Summary
More than 700 unionized Kakao Bank workers launched a one-day full-scale strike Friday in Seongnam after talks with management failed to bridge gaps on pay raises and benefits.
The union did not hold a rally but said it is discussing next steps, signaling the walkout could widen if negotiations remain deadlocked.
Kakao Bank reported first-quarter operating income of 211 billion won on 1.94 trillion won in revenue, both quarterly records, underscoring the backdrop to the wage dispute.
Parent Kakao Corp. is also locked in a labor standoff, with wage talks stalled for two months and unionized members having staged a partial strike in early June.