Nanny Gossip.

Yep, it is true nannies are losing their jobs.  Some of us have been there, some haven’t.  But from my experience it sucks! We know the drill.  Dad/Mum loses their  job, so does the nanny, they can no longer afford her anymore.  No income for family no income for nanny. Simple maths.

Now we all know what has happened in NY, with major investment banks been wiped out or taken over. Lehman Brothers is the biggest in history to go under, with 78 offices around the world, a workforce of  approximately 5,000 workers in London, 3,000 in the asia pacific & 30,000 in the US. The situtation looks grim.

Nanny agencies in London, and New York are already getting a influx of nannies on their books.

The collapse of the world’s most powerful wealth-creating engine required everyone to take stock of their financials. One Lehman executive in Rye Brook, fretting about paying off a Hamptons summer house and a ski chalet in Vermont, panicked on Monday morning and laid off her nanny, who had been with the Westchester family for nine years. “The nanny called me crying,” says Marla Sanders, who runs Advance Nannies and staffs Lehman homes. “One of the children she had brought home from the hospital.” Sanders knows more cuts for her clients are on the way. “They’re going to have to sell homes. The question is, will the homes sell? They’re cutting some of the children’s activities out, dance class, acting class. Are they going to have flowers delivered every day to their homes? I don’t think so!” Read on

On Thursday, a New York mother of two young children asked Carol Solomon, the owner of New York Nanny Center Inc., whether she could find a good nanny willing to work for less than the $1,200 a week sought by a candidate she had found elsewhere. “Based on everything that’s been going on with the market,” the mother told Ms. Solomon, “I’m concerned about committing to that kind of salary.” Ms. Solomon suggested another nanny seeking a more modest salary of $750 a week. Read More

Kate Baker of Abbeville Nannies in south London. “The problems are just starting. In the last week or two I have started getting calls from nannies saying one or both of their employers have lost their jobs and so they have too” Read More

But for Stacey Copeland, an administrator at Eden Nannies, the first whisperings of the gathering storm in the nanny state were already being felt. “Normally at this time of the year we get a rush of people looking for nannies. But it hasn’t happened yet,” she said. “Pay rates have also started to come down in recent months.” “Nannies are among the first to be hit when times start to get tough. It has been a boom time for nannies in recent years, but that looks to be ending. Many of the people who employ nannies are bankers and they are suffering now,” she added.Read on

Marie, 25, a fully qualified nanny who works in West Sussex, said that there were fewer full-time nannying positions now than at any time in the past seven years. “It is very difficult at the moment. There are a lot of nannies for very few positions.Read more

Will the credit crunch hit Australia? Lets just wait and see.