Business · Companies · 1 hr ago

Kakao Holds Staff Session on Planned Corporate Split

Kakao Holds Staff Session on Planned Corporate Split

Kakao held a staff discussion on Oct.

15 about its planned corporate split.

The session aimed to answer employees’ questions and share the split’s progress.

Kakao first announced the plan on Aug.

21, saying it was intended to speed up decisions in its AI business.

The Oct.

15 meeting was the third staff communication session on the plan.

Kakao had previously held an open discussion in August and a briefing for performance leaders in September.

The available details do not say when the split will take place or what happens next.

1 source

Related