"The breakdown of wage and collective bargaining is management's fault"... Kakao union steps up pressure [IT item of the day]

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[Financial News] The Kakao labor union, which is preparing to strike, has been stepping up pressure on management day after day.
According to the Kakao Branch of the National Chemical, Textile and Food Industry Workers' Union on the 5th, the union said in a statement the previous day that management's evasion of responsibility and neglect of job insecurity were the main reasons for the collapse of wage and collective bargaining talks.
The Kakao labor union criticized the cloud business, a core business of Kakao Enterprise, saying that although it is a strategic business for the Kakao Community, no clear medium- to long-term vision or business roadmap has been presented.
According to the union, Kakao Enterprise suffered a management crisis after large-scale investments during the tenure of former CEO Andrew Sangyeop Baek, but performance remained weak. In the process, more than half of all employees were laid off.
The union said that although the management team was later replaced by former CEO Kyungjin Lee and CEO Lee Won-ju, the company kept repeating restructuring and workforce cuts without any fundamental solution.
Oh Chi-mun, deputy head of the Kakao branch, stressed, "Management should not shift the burden of restructuring and job insecurity, the cost of its failed management, onto workers alone. It must clearly explain how it plans to secure competitiveness."
The Kakao labor union has presented four demands to Kakao Community management: disclose a medium- to long-term vision and business roadmap, make community-level investment in the cloud business, immediately resolve job insecurity in the search division, and present a concrete reassignment plan.
Meanwhile, the Kakao labor union plans to stage a four-hour partial strike and a street march around Pangyo Station starting at 10 a.m. on the 10th. It said it will adjust the intensity of the strike depending on future bargaining progress.
wongood@fnnews.com Joo Won-gyu Reporter