Key Takeaways
1. Krafton aims to become an AI-first company, prioritizing AI for problem-solving and productivity.
2. The company has launched a voluntary resignation program to allow employees to choose new paths amid AI transformation.
3. The initiative seeks to reduce workforce size while promoting efficiency through AI systems.
4. Severance packages are offered based on the length of employment for those who participate in the resignation program.
5. Krafton reported strong financial performance with third-quarter earnings exceeding 1 trillion won, but is also facing a lawsuit related to Subnautica.
Krafton has recently made an announcement about a significant shift in its strategy, aiming to become an AI-first company. The publisher known for popular games like PUBG and Subnautica stated its intention to “prioritize AI as a central and primary means of problem-solving,” while also “fostering change in individuals and organisations, increasing company-wide productivity.” This strategy is all about enhancing growth and corporate value. Following this announcement, Business Korea reported that Krafton has initiated a new voluntary resignation program to help employees “support members in proactively designing their growth direction and embarking on new challenges both inside and outside the company amid the era of AI transformation.”
New Opportunities and Changes
In a way, Krafton is providing a pathway for employees who may not wish to be a part of its AI-driven future, while also aiming to reduce its workforce and internal conflicts. The company seems to believe that encouraging some employees to leave will lead to greater efficiency, with the hope that their AI systems can effectively fill the gaps left by departing staff. To be fair, the company is offering severance packages to those who opt for the voluntary resignation program, which are determined by the length of their employment.
Financial Performance and Legal Issues
This voluntary resignation plan comes on the heels of Krafton achieving impressive profits this year, with third-quarter earnings surpassing 1 trillion won (approximately $680,295,600). Additionally, Krafton is currently facing a lawsuit against the founders and executives of Unknown Worlds, the company behind Subnautica. For more information about the lawsuit, you can check out our detailed coverage of the situation here.
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