(Photo= Yonhap news)

 

 

[Alpha Biz= Reporter Kim Sangjin] The Kakao branch of the Korean Chemical, Fiber, and Food Industry Workers' Union has expressed opposition to the sale of Kakao VX to Murex Partners. 

 

The union alleges that the sale process involves secret negotiations with the buyer, including the implementation of a voluntary retirement program before the sale is finalized, and is calling for these actions to cease.

On September 9, the union held a protest in front of Murex Partners' headquarters in Gangnam, Seoul, to voice their objections. Murex Partners, a venture capital firm, is currently seeking to acquire Kakao VX, a subsidiary of Kakao Games.

According to the union, Kakao VX is currently offering voluntary retirement packages to around 100 employees in departments facing shutdown. Employees who refuse the voluntary retirement are being placed on standby with no access to the workplace and are facing a 30% reduction in their salaries.

 

 

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