Nexon labor union worries about one-sided decision on the company sale
Nexon labor union worries about one-sided decision on the company sale
  • Lee Jun-sung
  • 승인 2019.01.09 15:03
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Nexon founder Kim Jung-ju

The Nexon labor union, "Starting Point," announced its position on the rumor on the sale of Nexon on Jan. 7 and urged Nexon founder Kim Jung-ju to express his responsible and clear will to employees and the society.

"We are deeply concerned that the process of determining the future of a company that has grown from employees' dedication could be one-sided," the union said. "A wrong decision could threaten the employment security of several thousands of workers who have led Nexon together or cause the crisis of the domestic game industry."

"We will actively respond to changes that may occur in the future in order to maintain stable workplaces of union members and all employees," the labor union stressed. 

Over the possibility of selling Nexon shares, CEO Kim Jung-joo said on Jan. 4, "I am considering ways to increase Nexon's global competitiveness." But industry insiders have criticized that his unclear position brings about confusion.

Nexon employees are concerned that the sale of Nexon to foreign capital, if implemented, could lead to massive restructuring or reduce its role in developing itself. This is also expected to have significant impact on the domestic game industry. The Nexon labor union was established in September last year for the first time in the domestic game industry.
 


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