Kakao Corp (035720) Union to Hold Partial Strike on June 10 Amid Restructuring Concerns

The union at South Korea’s Kakao Corp (035720) said Monday it will stage a four-hour strike and rally on June 10, 2026, demanding job security as the tech company undergoes restructuring. The action is planned for Pangyo, where Kakao is headquartered. The union warned it could escalate industrial action depending on negotiations, but said it has no immediate plan for a full-scale disruption of services. Kakao, which operates the country’s dominant messaging app KakaoTalk, has been under investor pressure to streamline operations after years of aggressive expansion. No details on the number of workers participating were given.