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Photo = Naver |
[Alpha Biz= Reporter Kim Minyoung] The Naver Labor Union has demanded the government take active and firm measures, stating its opposition to the sale of Naver's Line-Yahoo shares.
On the morning of the 13th, the Naver union stated, 'We oppose the sale of Naver's Line-Yahoo shares,' emphasizing that 'protecting the technology and know-how accumulated by Line affiliates is paramount, and the best choice to protect them is not to sell the shares. We demand the government take active and firm measures to ensure that workers in South Korea are not treated unfairly.'
The union particularly pointed out that one sentence from Naver's initial official statement had caused many members to feel anxious.
Members feared for job insecurity. The union stated, 'The sale of shares does not simply mean Naver relinquishing its position as the major shareholder of A Holdings (Line-Yahoo). It signifies the possibility that the passion, efforts, technology, and experience of the members who have worked hard for Line, which originated from Naver's services and has strived for recognition in the global market, may be transferred to SoftBank, a Japanese company. It also signifies the possibility of job insecurity for the members.'
About 300 employees participated in the online forum organized by the union on the 10th.
Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)
