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

Kakao Corp. said Friday a compensation package demanded by its union could place a huge burden on the company’s operations, after workers said they would proceed with a strike next month. The official statement came after Kakao’s management and its labor union failed to reach an agreement in the second round of negotiations mediated by the government. Unionized workers at Kakao’s five units, including its headquarters, Kakao Pay Corp. and Kakao Enterprise, had previously voted in favor of a walk