In a note to investors, the long-running weight loss company is taking the "strategic action" of filing for bankruptcy in hopes of consolidating the $1.15 billion dollars worth of debt.

Weight Watchers is planning to use the bankruptcy process as a way of shedding $1.15 billion in debt and refocusing the business on providing telehealth services.

Weight Watchers, the brand built on providing support for people who are trying to lose weight, filed for bankruptcy protection. The company is burdened with debt as more customers turn to medication.

Weight Watchers logo displayed at a Weight Watchers meeting room and store location in Staten Island, New York.on June 28, 2016 in New York City. (Photo by Eugene Gologursky/Getty Images for ...

May 7, 2025 Update: Weight Watchers CEO Tara Comonte informed members that while WW is filing for bankruptcy, it’s business as usual. Members will not lose any benefits or features due to this ...

Weight Watchers, the brand built on providing support for people who are trying to lose weight, filed for bankruptcy protection. The company is burdened with debt as more customers turn to medication.

Faced with competition from new weight-loss methods, WeightWatchers announced Tuesday that it filed for Chapter 11 bankruptcy to eliminate $1.15 billion in debt. The 62-year-old health and ...

Weight loss company WeightWatchers has filed for Chapter 11 bankruptcy protection after falling $1.15 billion into debt.

Hi, it’s Jessica in New York, where I talked with WeightWatchers executives about community. More on that in a moment, but first ...

Weight Watchers, the brand built on providing support for people who are trying to lose weight, filed for bankruptcy protection. The company is burdened with debt as more customers turn to medication.