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Naver labor and management reach tentative agreement on 5.3% wage increase... in contrast with Kakao

TL;DR AI

Key summary

1 min read
  1. Naver and its union tentatively agreed to a 5.3% wage increase after early negotiations.

  2. The deal reduces labor uncertainty and helps Naver stay focused on its AI-driven revenue strategy.

  3. By contrast, Kakao’s pay talks collapsed over compensation details and entered labor mediation.

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