KakaoBank(323410) The labor union will hold a full-day strike on the 31st. The wage and collective bargaining talks conducted by labor and management for seven months since January this year have finally broken down. In a strike ballot of union members, 95% voted in favor.
On the 21st, Seo Seung-uk, head of the Kakao chapter of the Korean Confederation of Trade Unions (KCTU) Chemical, Textile and Food Industry Union, said at a picket protest at the indoor entrance of KakaoBank in Pangyo, Seongnam, Gyeonggi Province, "We decided to hold a full-day strike at KakaoBank on the 31st," and "the company did not actively engage in talks, and differences between labor and management have not narrowed."
KakaoBank labor and management failed to find common ground in wage talks and went through mediation by the Gyeonggi Regional Labor Relations Commission, but they still could not bridge their differences at a mediation meeting held the previous day.
Accordingly, the KakaoBank union decided on a full-day strike after a strike ballot. A Kakao union official said, "Of the union members who voted, 95% supported the strike."
A KakaoBank official said, "We are closely monitoring the situation and will continue to work to find an amicable solution through dialogue."