International
WeightWatchers Files For Bankruptcy
UNITED STATES – WeightWatchers has filed for bankruptcy.
UNITED STATES – WeightWatchers has filed for bankruptcy.
The 62-year-old company now called WW International says chapter 11 will help erase $1.5 billion in debt and let it refocus in a world dominated by weight-loss drugs like Ozempic.
Membership is down, debt is up, and even Oprah has walked away, stepping down from the board and donating her shares.
WW says service to members won’t be interrupted and it expects to emerge from bankruptcy in about 40 days.
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