BOSTON - Hundreds of parents are scrambling after learning a popular "nanny share" company is abruptly shutting down.
CozyKin is a Boston-based company that specializes in nanny shares for newborns and toddlers. Its mission, according to its website, is to "Solve America's child care shortage by creating an option that lets both families and nannies thrive."
That shortage is now being felt by Tessa Rudd who works in the Financial District. She and her husband are first-time parents and really liked the nanny-sharing service and the company's vision until she found out by email they're shutting down.
"Shocked. Very disappointed," said Rudd.
CozyKin says financial reasons led to its closing.
"Immediately my mind went to, what's next? What are we going to do for child care?" said Rudd.
"Immediately my mind went to...what’s next. What are we going to do for childcare?"— Scott McDonnell (@ScottMcDonnell_) October 9, 2019
Parents scrambling after popular nanny sharing service abruptly announces closure.
Families & caregivers have just a few weeks to come up with a new child care plan.@boston25 @chetanrakieten pic.twitter.com/ojnBPxvV29
The company apologized in the email out to parents, saying "Please accept our sincere apology for our inability to continue services past October. We know that this change will greatly impact your family."
The impact is immediate for Rudd and her family, "That gives us a two-week time frame to find child care."
CozyKin's headquarters is located in downtown Boston. They didn't have much to say when Boston 25 News went Wednesday other than yes, they are closing and their immediate concern is the families and clients they are currently working with.
It's unclear how many nannies may be out of work but the parents we spoke with say the closure will affect hundreds of nannies and staff.
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