Kakao, which announced a human-based spin-off in August, held an employee briefing to share the current status. This was the third communication session following the briefing at the time of the announcement and a September presentation for performance leaders.
On the 16th, Kakao announced that it held an employee briefing titled 'Open Talk' on the 15th to address questions regarding the human-based spin-off and share progress updates. Key executives attended the event, including Jeong Sin-a (CEO) and CFO Shin Jong-hwan (Chief Financial Officer), as well as CTO Song Jae-ha (Chief Technology Officer).
Kakao is currently preparing for the human-based spin-off in stages by establishing a task force (TF) involving key departments such as technology, finance, and human resources to review various practical tasks. Additionally, it is operating a separate channel where employees can inquire at any time. Kakao plans to continue ongoing communication by holding monthly Open Talks until the launch of the newly established company to share preparation status.
Jeong emphasized that this human-based spin-off is not merely a corporate separation, but a process of preparing for a new beginning. Jeong stated, "Preparing the newly established company involves establishing a system as an independent entity, providing existing services without inconvenience to users, and redesigning structures and standards suitable for the new company," adding, "It is not an easy process, but we are carrying forward what we have built more solidly while changing what needs to be changed anew."
During the question-and-answer session, detailed explanations were provided regarding employment and labor conditions. The company announced that as rights and obligations related to Kakao's existing businesses will be transferred to the newly established company KakaoAI, the employment and labor conditions of all crew members (employees) will be comprehensively inherited. Existing labor conditions such as vacation and work systems, as well as work environments including offices, and benefits and perks such as daycare centers, loans, Chunshik Dokrak (company cafeteria), and resort facilities, will be maintained.
Kakao is pushing forward with the human-based spin-off to establish execution speed and capital allocation systems suited to the AI era. Kakao plans to complete the spin-off on January 1, 2027, following an extraordinary general meeting of shareholders on December 17, and will proceed with the relisting of KakaoAI and the change in listing of KakaoX on January 27, 2027. The detailed schedule may be changed according to consultations with related institutional investors and relevant procedures.
Meanwhile, Kakao is also continuing communication with shareholders and analysts. It held a briefing for minority shareholders in September, and conducted a joint analyst briefing at the developer conference 'if(kakao) 26' held on the 13th of this month, attended by CEOs of major affiliates. On the 20th, it plans to hold a second briefing for minority shareholders to answer questions from shareholders regarding the human-based spin-off.
in TECH
