K-Pop Company Loses Two Major Groups At The Same Time

K-Pop company Woollim Entertainment shocked netizens after losing two groups at the same time, regarding their groups Rocket Punch and Golden Child.

Rocket Punch members | @rocketpunch/X

Members of Golden Child | @goldenchild/X

On December 27, Woollim shared notices on both Golden Child and Rocket Punch’s social media.

When it came to Rocket Punch, the announcement shared that members Yeonhee, Yunkyoung, Sohee, and Dahyun had agreed to mutually terminate their contract, with only Suyun continuing.

After Bomin, Tag, and Jibeom left Woollim in August, it was announced that the Golden Child members, except for Jangjun and Joochan, would also be terminating their exclusive contract. For many fans, it was shocking as they assumed the members had all renewed after the first three members had left the company.

When the statements were posted, netizens shared the amount of artists Woollim had lost, including members of INFINITE and LOVELYZ.

2017: howon
2018: jaeseok
2019: myungsoo
2021: sunggyu
sungyeol, dongwoo
kim chaewon
lovelyz (except baby soul)
2022: sungjong
woohyun
2023: alex
2024 : ropun(except suyun), golcha (except jangjun & joochan)

fuck u @woollim_ent

— sal (@DDAEWON05) December 27, 2024

Many shared their reactions, with a lot of netizens criticizing Woollim and grateful the idols left due to the company’s poor treatment of the artists.

this is why kpop is going to hell all of these companies will burn in hell oh i hate woollim pic.twitter.com/EqiRBqmq6V

— ☆ kirby (@suyunpunch) December 27, 2024

Feel soo bad for goldenchild and rocketpunch…. Woollim destroyed them

— stanINFINITE💛 (@stanINFINITE1) December 27, 2024

OK BUT WHATS HAPPENING INSIDE WOOLLIM WALL RN???? are they terminating every contract because they going bankrupt???? https://t.co/xMr20zpPk5

— laurie ♡ SEEING ATZ AND SKZ ♡ (@lixbotluv) December 27, 2024

golcha and rcpc both gone in one day.. my time of being a woollim aficionado is finally behind me. roam free my angels.. 💔🪽
pic.twitter.com/lRsMbR70Rs

— ꃋᴖꃋ (@duolons) December 27, 2024

golden child and rocket punch's contract will both end on dec 31st. What is happening???? pic.twitter.com/mBGFxW2CDR

— 뽀맹 (@bbomaeng) December 27, 2024

While the future of the groups wasn’t stated, fans hope the members continue together, similarly to the likes of INFINITE after they left.