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US-based online food ordering company <keyword id="500384" type="General" weightage="100" keywordseo="grubhub" source="Orion">Grubhub</keyword> has announced to lay off about 15 per cent of its workforce, or nearly 400 employees, to maintain "competitiveness" in the market. "There is no doubt whatsoever that we have a solid foundation in place and an immense opportunity ahead of us -- but it is also clear that we need to make some tough decisions in order to maintain our competitiveness, deliver the best possible service for diners and our other partners, and be successful for the long-term," <keyword id="17690638" type="General" weightage="80" keywordseo="howard-migdal" source="Orion">Howard Migdal</keyword>, <keyword id="17690639" type="General" weightage="50" keywordseo="grubhub-ceo" source="Orion">Grubhub CEO</keyword>, said in a message to employees on Monday. Explaining the decision to lay off, the company said it's operating and employee costs grew at a higher rate. "Rightsising the business for where we are now a" which includes ensuring we have the right resources and organisational structure focused on the right priorities - will allow us to be more agile, make bolder bets and take advantage of all of the opportunities on our doorstep," <keyword id="17690640" type="General" weightage="80" keywordseo="migdal" source="Orion">Migdal</keyword> stated. Meanwhile, music streaming platform <keyword id="685487" type="General" weightage="80" keywordseo="spotify" source="Orion">Spotify</keyword> has laid off 200 employees, 2 per cent of its workforce, from its podcast division as part of a corporate reorganisation. In January this year, Spotify slashed 6 per cent of its workforce, or about 600 staffers, globally. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/earthquake-tremors-felt-again-in-delhi-parts-of-north-india/articleshow/100961033.cms">Earthquake tremors felt again in Delhi, parts of north India</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/millennials-and-genz-find-workplace-jargons-tough-and-unnecessary-reveals-survey/articleshow/100961139.cms">What’s in a word: Millennials and Gen Z believe KISS is better than Jargon</a>

Food ordering firm Grubhub to lay off 15% of staff, nearly 400 employees

<ul class="summary-list"><li>A Canadian renter recently impersonated a homeowner, secured a mortgage, and stole the money.</li><li>Incidents like this are also happening in the US due to a quieter property market, one lawyer said.</li></ul>If you're an absent landlord renting out your home to a stranger, you should tread carefully, fraud experts say.Dubious renters could pretend to be you in order to secure a new mortgage on your property and then run off with the cash, as was the case in Canada recently.<a href="https://www.insider.com/renter-impersonated-homeowner-took-out-mortgage-stole-money-police-2023-6">Insider reported earlier this month on the case of Jay Allen Macdougall</a>, a 42-year-old man who is charged with five counts of fraud over $5,000, as well as laundering the proceeds of a crime. Toronto police say that Macdougall obtained the identity information of the owner of the home he was renting, impersonated them while applying for a mortgage, and collected the proceeds — over $2 million — for himself.Three industry professionals told Insider that incidents like this also happen in the US, and that homeowners should be taking steps to avoid it happening to them.<h2>How does it work?</h2>In some instances, criminals find a property that is unencumbered by a mortgage to get a loan without the homeowner's knowledge, by using anything from their driver's license to utility bills to pose as them, according to Josh Migdal, a founding partner at the Mark Migdal &amp; Hayden law firm.This is relatively easy to do, he said.In other cases, criminals engage in fraud by refinancing the property and then releasing the equity, leaving homeowners burdened with an additional mortgage and the fraudster with cash to hand.Arthur Pfizenmayer, a retired FBI agent and senior adviser with Home Title Lock, explained the possible consequences of both scenarios, one of which is that since the real owners don't know about the new mortgage they likely aren't making any payments on it.As a result, the bank will eventually let them know they're in default on the loan and may threaten to initiate foreclosure proceedings to recoup their funds, he said."The real owner is then in a situation where they have to go to court to prove to the court that the house that they own is actually theirs and the loan was not negotiated by them," Pfizenmayer said.<h2>How common is it?</h2>The frequency of this specific type of fraud is hard to quantify, with most data tending to focus on the prevalence of mortgage fraud as a whole.According to Pfizenmeyer, it happens "more frequently than people would like you to believe" in the US.Even so, Bridget Berg, a principal of fraud solutions at CoreLogic, told Insider that it's still relatively rare.The Federal Trade Commission told Insider that the only data it has is self-reported complaints on real estate loan-related identity theft, which a spokesperson added would not necessarily reflect the true prevalence of the problem.Of these, there were 1,722 reports in the first quarter of 2023, and 9,726 reports since the start of 2022.Fraud of this kind becomes increasingly prevalent during quieter market periods, since mortgage brokers may be incentivized to prioritize making commissions over spotting red flags, Migdal said, adding that this is likely the case today.Industry professionals <a href="https://markets.businessinsider.com/news/commodities/us-housing-market-fraud-scams-mortgage-interest-rates-sales-activity-2023-3">told Insider</a> in March that real-estate fraud as a whole has surged in the past year.Those caught face an average sentence length of just under two years in prison, according to the <a href="https://www.ussc.gov/sites/default/files/pdf/research-and-publications/quick-facts/Mortgage_Fraud_FY16.pdf">United States Sentencing Commission</a>.<h2>Costly and upsetting</h2>Berg, who works at CoreLogic, said becoming the victim of mortgage fraud of the kind that happened in Canada can be financially disastrous for homeowners.Even in cases where the defrauded individuals successfully contest the loan, Berg said it can still be "costly and, of course, upsetting."She said that those most at risk are absentee owners, with those who skip appraisal inspections or forgo title insurance being the most vulnerable.Properties without mortgages and with small mortgages relative to the property value are the easiest targets, she added.But preventing this type of fraud is difficult, Berg said, while advising homeowners to keep their personal information secure and be wary of unsolicited calls and emails.Toronto Police's Financial Crimes Unit similarly urged homeowners to lock their filing cabinets, safely store confidential records, and avoid leaving mail at their rental properties.The experts agreed that another way to stay safe is by purchasing insurance, such as an owner's title policy.This can protect a homeowner against fraudulent claims on their ownership, as well as cover legal fees, but Berg advised those interested to speak to an attorney to find out their specific level of risk.Pfizenmayer suggested homeowners should also consider signing up for <a href="https://www.businessinsider.com/personal-finance/best-identity-theft-protection-services">identity theft</a> protection, with LifeLock, Experian, or another company, which would quickly notify them if something suspicious arises relating to their identity.Still, there's no way of completely protecting yourself, and the reality is that some unlucky homeowners will find themselves unexpectedly facing a mountain of new debt, and exhausting legal proceedings. Try not to let it be you.

People are impersonating homeowners to take out mortgages and steal the money. Here are the best ways to stop it happening to you.

<ul class="summary-list"><li>Grubhub was the online food-ordering leader for years.</li><li>A year after Just Eat Takeaway.com bought Grubhub, the European firm said it wanted to sell it. </li></ul>Adam DeWitt, chief executive of <a href="https://www.businessinsider.com/this-is-the-nightmare-scenario-for-grubhub-experts-say-2021-8">Grubhub</a>, is stepping down as CEO of the nation's No. 3 delivery operator, the company's European owner, Just Eat Takeaway.com, <a href="https://www.prnewswire.com/news-releases/just-eat-takeawaycom-announces-leadership-changes-with-its-north-america-segment-301770503.html" target="_blank" rel="noopener">announced</a> Monday. DeWitt ran Grubhub alongside co-founder and former CEO Matt Maloney for years during its heyday. DeWitt served as the company's chief financial officer until he became <a href="https://about.grubhub.com/news/matt-maloney-selected-for-just-eat-takeaway-com-management-board-and-adam-dewitt-promoted-to-grubhub-ceo/" target="_blank" rel="noopener">CEO in June 2021</a>, when JET completed its acquisition of Grubhub. DeWitt will remain with the company through May 1. Howard Migdal, the CEO of JET's Canadian subsidiary SkipTheDishes, is replacing DeWitt. Migdal was named executive vice president of North America and CEO of Grubhub.DeWitt's exit comes nearly a year after JET announced plans to unload Grubhub from its portfolio after owning it for less than 12 months. JET said in April 2022 that it was "actively exploring the introduction of a strategic partner into and/or the partial or full sale of Grubhub.""It's hard to leave Grubhub, but it's the right time for me after 11 years," DeWitt said in a statement. "I am incredibly proud of what this team has accomplished and will forever value the relationships I've forged here. Grubhub is in great hands with Howard and the Grubhub leadership team, and I'm excited to watch the company continue to thrive."Over the years, Grubhub has struggled to find its footing in the hyper-competitive food delivery sector. A pioneer in the online food ordering business, Grubhub was once the country's No. 1 food delivery operator. In January 2018, Grubhub had 49% of the food delivery market, according to Bloomberg Second Measure. A year later, DoorDash surpassed Grubhub and never looked back.DoorDash has remained on top by deploying a strategy of outspending rivals, deploying superior technology, and securing dominance in the suburbs. The latter playbook proved serendipitous for DoorDash – and bad for city-centric Grubhub – when people fled metro areas during initial lockdown orders at the onset of the pandemic in 2020.

Grubhub is losing its second CEO in less than 2 years as owner explores sale of company

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Reuters/Ronen Zvulun/File PhotoTechnicians work at Israeli chipmaker TowerJazz's plant in Migdal HaEmek, northern Israel.</div></div></div>Here is what you need to know. <ol><li><a href="https://www.businessinsider.com/ecb-warns-on-deutsche-bank-and-commerzbank-merger-2019-3">The ECB doesn't like the idea of Deutsche Bank merging with Commerzbank</a>. "I do not particularly like the idea of national champions, of European champions; especially when you are a supervisor, you should not promote any particular structural outcome," Andrea Enria, chair of the ECB's Single Supervisory Mechanism, told The Financial Times.</li><li><a href="https://markets.businessinsider.com/news/stocks/ma-largest-deals-world-2019-2019-3-1028039144">Deal-making lags 2018</a>. There have been $345.3 billion worth of mergers and acquisitions worldwide so far in 2019 - down from more than $500 billion last year. Take a look at the nine biggest deals so far this year.</li><li><a href="https://www.businessinsider.com/stock-market-earnings-recession-8-major-risks-morgan-stanley-2019-3">The next earnings recession could send stocks tumbling</a>. The stock market rallied during the earnings recession of 2015/2016, but Morgan Stanley Chief US Equity Stragest Mike Wilson lays out eight reasons why equities won't be so lucky this time around. </li><li><a href="https://www.businessinsider.com/sec-responds-to-elon-musk-in-contempt-of-court-claim-2019-3">The SEC fires back at Elon Musk</a>. The Securities and Exchange Commission said Musk's February tweet about Tesla's production was a "blatant violation" of their court settlement and that it was "stunning to learn" that he had not yet received approval for any of his Twitter posts. </li><li><a href="https://www.businessinsider.com/norsk-hydro-just-got-cyber-attacked-sending-its-shares-tumbling-2019-3">A massive cyber attack hit one of the world's largest aluminum companies</a>. The Norwegian aluminium producer and renewable energy provider Norsk Hydro said that "IT systems in most business areas were impacted," but that it did not yet know the full extent of the attack. </li><li><a href="https://markets.businessinsider.com/news/stocks/weed-tilray-earnings-q4-2019-3-1028039194">Tilray posts strong sales</a>. The cannabis producer saw revenue surge 110% to $43.1 million in 2018 as its annual loss widened to $0.82 a share.</li><li>The Fed meets. Traders are pricing in just a 0.8% chance the Fed hikes rates at the conclusion of its two-day meeting on Wednesday. </li><li><a href="https://markets.businessinsider.com/indices">Stock markets around the world were mostly higher</a>. Hong Kong's Hang Seng (+0.19%) outperformed in Asia and Germany's DAX (+0.58%) leads the advance in Europe. The S&amp;P 500 was set to open up 0.33% near 2,842.</li><li><a href="https://markets.businessinsider.com/earnings-calendar#date=03/19/2019&amp;name=&amp;countries=&amp;eventtypes=99&amp;tab=ALL">Earnings reporting remains light</a>. FedEx and Tencent Music report after markets close</li><li><a href="https://markets.businessinsider.com/economic-calendar#date=03/19/2019&amp;name=&amp;countries=us&amp;eventtypes=&amp;tab=1,2,3">US economic data keeps coming</a>. Factory orders and durable goods orders will both cross the wires at 10 a.m. ET. The US 10-year yield was down 1.1 basis points at 2.59%. </li></ol> <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/2019-market-outlook-john-rogers-ariel-investments-on-fund-performance-whats-ahead-2019-3">The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its peers over the past 10 years</a></h3> <div> </div> </div>

10 things you need to know before the opening bell

<a href="https://www.businessinsider.com/talent-insider"></a><ul class="summary-list"><li>The increased desire to continue working from home can be a major benefit for small businesses.</li><li>To poach top talent, small business owners are offering remote working perks and wellness incentives.</li><li>For example, one CEO offers his employees a $150 monthly WFH stipend.</li></ul>From fully remote work to seemingly endless video conference calls, COVID-19 has no doubt changed the way we work over the last year. And while its long-lasting effects remain to be seen, <a href="https://www.pewresearch.org/social-trends/2020/12/09/how-the-coronavirus-outbreak-has-and-hasnt-changed-the-way-americans-work/">the increased desire to continue working from home</a> post-pandemic has inspired many workers to consider more flexible workplaces — a trend that has businesses scrambling to compete for talent.<div type="image" title="Teddy Fong." height="367" width="490" msid="82037857" hostid="261"></div>"You have the Silicon Valley companies who are paying for dry cleaning and massages," said Million Dollar Baby Co. CEO Teddy Fong. "But if not done properly, those perks can be like a Trojan horse to get people to stay longer and just do more work." Instead, Fong opts for smaller, more thoughtful changes that can make big differences in the lives of his employees.Here are seven unique benefit ideas from small business owners who have successfully recruited talent this year.<h2>1. Give perks that align with your brand's mission</h2>A lot of companies provide their employees with two weeks of paid vacation, but how many of them actually pay their employees to take a vacation? Million Dollar Baby Co. — known for their suite of baby furniture brands including DaVinci and Babyletto — is bringing new meaning to the phase "paid vacation."With nearly 150 employees between their office and warehouse, the family operation, run by its founder's children, CEO Teddy Fong and VP of Sales Tracy Fong, offers employees a $700 annual subsidy toward any domestic trip.The one caveat: After returning from a vacation, employees must present their learnings to the larger team (on Zoom of course)."One team member recently spoke for 20 minutes about how the dolphins are trained in Mo'orea," said Fong. "It was hilarious, and overly detailed. But moments like these bring our team so much closer together."<h2>2. Invest in employees and your business simultaneously</h2>Two words: Custom suits.Scott Kimberly runs a five-person law firm in Murfreesboro, Tennessee, but takes his employees on an annual pilgrimage to Manhattan to visit a custom tailor, where each team member is gifted with a custom suit.<div type="image" title="Scott Kimberly." height="1660" width="2213" msid="82037859" hostid="261"></div>"It's a win-win for me," said Kimberly. "My employees both feel valued and exude confidence." Kimberly knows that while big firms may naturally attract more talent, those firms aren't ponying up $1,200 for suits in the first year of employment. "I'd like to think it makes my [team] feel like a million bucks and keeps them loyal to this brand instead of [considering] the big firms," Kimberly said.<h2>3. Make your benefits the talk of the town</h2>Rachel Brenke is an attorney and business strategist who employs five full-time employees between her two companies, Eden Law and The Brenke Group LLC.A cancer survivor, mother of five, and author of seven books, Brenke is no stranger to the importance of a balanced personal life — and her employee perks align to that value.<div type="image" title="Rachel Brenke" height="2991" width="3988" msid="82037861" hostid="261"></div>In addition to unlimited PTO, quarterly bonuses, and a retirement contribution plan, Brenke gifted her operations manager a Peloton for surpassing the company's revenue goals in both Q4 2020 and 2020. "As a mother of five and an athlete who loves to be out training, I know how important it is for a wholly virtual and flexible business," Brenke said, adding that the Peloton gift supported her Operator Manager's desire to pursue her own fitness journey.Meanwhile, Scott Kimberly knows that the custom suits he buys for his staff get worn outside of work, too. "I have no doubt that [my employees] proudly share where their suit came from," he said: "From a boss that gives a damn about his employees and wants them to feel valued.""Make your workplace a place that your employees will brag about to their friends," Kimberly said. It'll not only make your business look good, but it might also help you recruit more talent.<h2>4. Make sure your benefits are on-brand</h2>Go Text Blast, Inc. offered a remote work option to their six full-time employees long before the pandemic, but last year, they upped the ante, also giving their employees a $100 to $150 monthly work-from-home stipend.<div type="image" title="Matthew Payne" height="704" width="939" msid="82037862" hostid="261"></div>"We're a tech startup, so ensuring my developers' [technology] is always up to speed was very important," said Go Text Blast, Inc. CEO and chairman Matthew Payne, who also encourages employees to use the stipend on office supplies and internet services.Cycling technology company Hammerhead also walks the talk — or, cycles the cycle.Bianca Nedjar, the head of people at Hammerhead, told Business Insider the company offers its 40 employees a $900 annual athletic endeavor stipend (think: a marathon or wilderness survival hike), along with an additional $200 per year toward cycling equipment purchases and maintenance.<div type="image" title="Bianca Nedjar" height="288" width="384" msid="82037863" hostid="261"></div>Whether its technology, fitness or something else that's integrated into your company's DNA — make sure your company benefits reflect the job at hand. <h2>5. Think of the long haul </h2>"68% of millennials consider fertility benefits when choosing an employer," said Parham Zar, the founder and managing director of The Egg Donor &amp; Surrogacy Institute in Beverly Hills, California. And EDSI is taking note, covering 50% of the total cost of IVF and medication for their employees. With the average IVF cycle costing $12,000 or more — and medication starting at $1,500 or more per cycle, the cost savings to their team are astronomical.Miami-based law firm Mark Migdal &amp; Hayden is also confident that family planning is top of mind for their employees.The firm offers four months of 100% paid parental leave for any employee welcoming a child through birth, surrogacy, or adoption, also allowing employees to schedule the four months of leave at any time throughout a six-month period."Studies have shown that [parental leave] is not only advantageous for employees and businesses, but also for combating postpartum depression and boosting emotional development in children through parental bonding," said MM&amp;H founding partner Etan Mark.<div type="image" title="Etan Mark." height="1062" width="1416" msid="82037864" hostid="261"></div>Caring for your employees — especially when they're not in the office — is paramount for long-term retention.<h2>6. Ask the people what they want </h2>It's easy to make assumptions about what a potential employee might want from a benefits standpoint, but how many companies stop to ask?Every six months, Million Dollar Baby Co. distributes an 80-question survey to their 150 employees to gauge their satisfaction levels at the company. In the age of COVID, those questions range from "Do you have a best friend at the company?" to "Do you feel you have enough face time with your team?""We don't want to assume that an employee likes something just because we're doing it," said Fong. "We want to establish benefits that are actually beneficial to our employees.""And when you establish trust, I think you can get a lot of honest feedback."

6 quirky job perks small business owners are using to attract top talent, from custom $1,200 suits to a gifted Peloton

<a href="https://www.gettyimages.com/detail/news-photo/kim-kardashian-and-north-west-are-seen-on-september-16-2015-news-photo/488656022?adppopup=true">gotpap/Bauer-Griffin/GC Images</a><ul class="summary-list"><li><a href="https://www.thetimes.co.uk/article/rich-hire-bodyguards-to-nanny-their-children-0wkqmgc9w">The Times</a> reported on Thursday that a number of the ultra-rich living in London are now hiring ex-military personnel to act as nannies for their kids.</li><li>This latest hiring trend follows the rising crime rate in some of the most <a href="https://www.businessinsider.com/category/wealth">exclusive neighborhoods</a> in England's capital.</li><li>It's just the latest example of how the role of an elite nanny to the rich has evolved.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>Being a "super-nanny" for the super-rich has always been super-taxing.<a href="https://www.businessinsider.com/nannies-rich-powerful-families-secrets-wish-bosses-knew-2019-11">As Business Insider's Taylor Nicole Rogers previously reported</a>, many nannies for the rich and powerful find their jobs as demanding as they are daunting, with one nanny telling Rogers that she had to <a href="https://www.businessinsider.com/nannies-for-wealthy-families-share-worst-experiences-job-2019-11#another-nanny-told-business-insider-she-spent-back-breaking-hours-sorting-mms-by-color-according-to-a-childs-preferences-7">"manually clear out a toddler's bowels"</a> and another saying she had to clean out a rat's nest for the family employing her.And though the benefits and work perks have been noted - elite nannies can make <a href="https://www.businessinsider.com/nannies-rich-powerful-families-secrets-wish-bosses-knew-2019-11">nearly $150,000 a year</a> - it often comes at the expense of the nannies' personal lives, with late working nights and extensive travel requirements resulting in a lack of time with their own families. The role of a nanny is as complicated as ever. In addition to watching the kids, many are expected to be housekeepers, personal chefs - and now, even bodyguards. <h3>Les Militaires meets La Maison</h3><a href="https://www.thetimes.co.uk/article/rich-hire-bodyguards-to-nanny-their-children-0wkqmgc9w">The Times reported on Thursday</a> that some families in London are hiring ex-military personnel to act as nannies for their children. This is to combat the rising crime rates in London, as well as the threat of child abduction for ransom. The more experienced "close protection guards" among this group are paid as much as £150,000 a year ($196,000), according to what Sam Martin - the co-founder of 19 London, an international staffing agency that finds staff for ultra-wealthy clients' homes, offices, yachts, and private aircraft - told The Times. "People wanting this sort of protection come from places where the criminal model includes kidnapping and ransom, and in the 1990s in Russia this was the way they operated," Sergei Migdal, a former security expert and head bodyguard for a Russian oligarch, told The Times.The Times also reported that the crime rates in two of London's most affluent neighborhoods - Westminster, and Kensington &amp; Chelsea - have risen <a href="https://www.tatler.com/article/super-rich-replace-nannies-with-bodyguards">by 25% and 15% respectively</a>. Magoo Giles, a former Coldstream Guard who is now the principal and founder of a £20,000-a-year ($26,252-a-year) private school, told The Times that many families both at his school and other schools in the area have arrangements to have their children dropped off and picked up by these private security guards."All of the bodyguards that we recruit are ex-military," Martin told The Times. "However, when it comes to close protection for children, clients tend to demand more high-level staff, someone who is trained in emergency first aid and possibly from special forces like the SAS."<h3>The role of an elite nanny has evolved</h3>Nannies have long been a fixture in the households of the rich and powerful. <a href="https://www.businessinsider.com/wealthy-families-personal-staff-private-help-changes-2018-10">As reported by Katie Warren for Business Insider</a><a href="https://www.businessinsider.com/wealthy-families-personal-staff-private-help-changes-2018-10"></a>, many families have more than one nanny - often one for each child. Chrissy Teigen, for example, personally confirmed that <a href="https://www.businessinsider.com/chrissy-teigen-reveals-what-celebrity-life-is-like-roasts-herself-2019-12">she has a rotating staff of four nannies</a> for her two kids. And many nannies seen today <a href="https://www.businessinsider.com/wealthy-families-personal-staff-private-help-changes-2018-10">are expected to have post-high school education</a>, with some even holding master's degrees, according to Seth Norman Greenberg, vice president of the domestic staffing firm Pavillion Agency, which pairs wealth families to household staff. "There's never been wealth like there is now," Greenberg told <a href="https://www.businessinsider.com/wealthy-families-personal-staff-private-help-changes-2018-10">Business Insider</a>. "Leading up to the '60s, maybe even the '70s, most wealthy families had a primary property. They possibly had a second home. But now, I'm seeing families that have four, five homes, a yacht, a plane. I mean, the wealth is growing and people are living a life not tied to one property as in years past."But while the idea of a nanny has remained consistent, the role itself and its requirements have been ever changing, constantly adapting to the evolving wants and the needs of modern day society.For example, <a href="https://www.nytimes.com/2018/10/26/style/silicon-valley-nannies.html">The New York Times' Nellie Bowles</a> reported in October 2018 that wealthy families in Silicon Valley are drawing up contracts with their nannies to guarantee no screen time for their kids. <a href="https://www.businessinsider.com/silicon-valley-nannies-monitor-kids-screen-time-2018-10">Bowles also reported that</a> these parents have even been secretly snapping photos of nannies who were using cell phones near the kids in their charge, then posting the images to parenting message boards to shame the rule-breakers."Most parents come home, and they're still glued to their phones, and they're not listening to a word these kids are saying," one nanny told the New York Times. "Now I'm the nanny ripping out the cords from the PlayStations." <h3>NOW WATCH: <a href="https://www.businessinsider.com/wall-street-ken-moelis-scott-minerd-bob-prince-weigh-in-on-proposed-70-marginal-tax-hike-2019-1">Wall Street heavyweights set the record straight on the proposed 70% super-rich tax they say is wildly misunderstood</a></h3>

The ultra-wealthy are hiring former special ops soldiers as 'nannies' for their kids, paying as much as $200,000 a year

<div class="KonaFilter image-container float_right"><div class="image">Amir Cohen/Reuters A vehicle with Palestinian flags attached to it drives past Israeli pedestrians at a main junction near the West Bank Jewish settlement of Efrat on April 30, 2014.</div></div>Last week, three Israeli teenagers, including <a href="http://www.businessinsider.com/american-teen-reportedly-kidnapped-in-west-bank-2014-6">one with possible American citizenship</a>, were abducted in the West Bank. Both the Israeli government and Secretary of State John Kerry have <a href="http://www.state.gov/secretary/remarks/2014/06/227599.htm#.U53Ea8CJz88.twitter">blamed</a> Hamas, the American and EU-listed terrorist group that just joined the Palestinian Authority's <a href="http://www.businessinsider.com/the-us-is-funding-a-terror-group-2014-6">U.S.-funded government</a>. 
For the Israeli government, Hamas responsibility for the kidnapping is a settled issue. "The information is incredibly clear to us," an Israeli military source told Business Insider. When asked about other claims of involvement in the kidnappings by groups ranging from the Islamic State of Iraq and the Levant to Palestinian Islamic Jihad, the source said that "it would be kind of a waste to even look into it."
The teenagers were abducted while attempting to hitchhike along a stretch of highway connecting the West Bank settlements of Kfar Etsiyon, Efrat and Migdal Oz. The communities fall inside the "Green Line," the 1948 armistice line marking where Zionists fighters and the Jordanian Arab Legion were positioned at the end of Israel's war for independence. In the 1967 Middle East War, the Israeli military captured the Jordanian-occupied territory between the "Green Line" and the Jordan River. 
The area around Kfar Etsiyon had been home to Jewish communities before 1948. So in the decades after 1967, the hill country south of Jerusalem became one of the oldest and most contiguous settlement blocks inside of the formerly Jordanian-administrated areas. It is also one of the least controversial: in 2009, former president Jimmy Carter <a href="http://www.haaretz.com/news/carter-israel-won-t-need-to-give-up-gush-etzion-settlements-1.277910">said</a> that the "Gush Etsiyon" settlements would likely stay inside of Israel under a final peace settlement. One detailed "citizens proposal" for a future Israeli-Palestinian border <a href="http://www.israel-palestine-border.org/southern-west-bank.html">includes</a> the settlement bloc inside of Israel in the event of a peace treaty.
There are settlements that are deep in the territory of a future Palestinian state, sustained more by ideological commitment than convenience or potential quality of life. Gush Etsiyon is centrally-located, right next to both Jerusalem and Israel's internationally-recognized borders. It doesn't take a hardcore belief in Israel's right to rule the West Bank to want to live there.
"Relatively speaking it's a bourgeoisie neighborhood," Yisrael Medad, a spokesperson for the Yesha Council, the West Bank settlements' main organizing group, told Business Insider. "Efrat and El Azar are for all intents and purposes suburban areas ... it's a central area on the map." 
Here are a couple of undated photos of Tzomet Etsiyon, the junction where the students were reportedly kidnapped. There are concrete barriers and soldiers - but also a gas station, a vehicle with green Palestinian (as in West Bank-only) license plates, and a handful of apparently-unarmed pedestrians:
<div class="KonaFilter image-container"><div class="image">Wikipedia</div></div> 
<div class="KonaFilter image-container"><div class="image">Wikipedia</div></div>
The junction is a popular hitchhiking spot for Israelis, and Gush Etsiyon has sometimes-elaborate locally-used hand signals indicating where a potential passenger wants to go, and where a passing driver can take them. The area has also gotten quieter in recent years: 2012 was <a href="http://www.haaretz.com/news/diplomacy-defense/shin-bet-no-israelis-killed-in-west-bank-terror-in-2012-first-year-since-1973.premium-1.496253">the first year in nearly four decades</a> in which there were no Israeli citizens killed in terror attacks the West Bank. 
So the kidnapping isn't just a potential challenge to the new unity government - although even PA <a href="http://www.timesofisrael.com/pa-official-unity-pact-is-void-if-hamas-carried-out-kidnapping/">officials are saying</a> that Hamas involvement could jeopardize the latest political accord. It also strikes inside an area of relative quiet for Israelis themselves. "Generally speaking, there has been a sense of security and stability and calm," says the Israeli security source. "That is no way detracts or negates from the threats that exist there, but I wouldn't say that people live with a sense of impending doom."
If Hamas actually was responsible, the kidnappings might reveal just how decentralized the group and its decision-making structure have become in recent years. The group's leadership is split between Gaza, the West Bank, Qatar, and Turkey, and it isn't always clear how or why its decisions are made - or who's truly acting on which leaders' behalf.
"I don't believe Hamas is of one mind when it comes to the unity government, or when it comes to trying to tempt Israel into another conflict," says Jonathan Schanzer, an expert in Palestinian politics at the Washington-based Foundation for <keyword id="6354810" type="ORGANIZATION" weightage="100" keywordseo="Defense">Defense</keyword> of Democracies. "I think there are various actors with different motivations in what has become an increasingly complex organization." 
In the West Bank, security cooperation between Israel and the Palestinian Authority has turned Hamas into an underground organization, split into diffuse cells, occasionally on a town-by-town basis. 
If Hamas is involved with the kidnappings, it's possible that one small corner of the group has decided to take down both the unity government and Gush Etsiyon's sense of calm in a single act - while potentially dragging the region into a new round of Hamas-Israel confrontation.

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