Kakao labor and management reach a tentative wage agreement after bonus disputes, signaling an end to the conflict

Kakao and its union reached a tentative wage agreement after 18 rounds of talks, moving closer to ending a dispute that escalated into the company’s first strike.

The detailed wage increase and performance bonus terms have not been disclosed yet; a union briefing and ratification vote will determine the final outcome.

The accord eases tensions at Kakao’s headquarters, and the result could influence negotiations at other affiliates as well.

Meanwhile, Kakao Bank has separately warned it may stage a strike.