WeightWatchers files for bankruptcy
Published: May. 7, 2025 at 10:13 AM CDT|Updated: 10 hours ago
(CNN) - WeightWatchers has filed for bankruptcy.
The 62-year-old diet program announced Tuesday that it entered Chapter 11.
During the bankruptcy process, WeightWatchers said operations for members will continue as normal.
The company expects to emerge in about 40 days as a publicly traded company with its massive $1.5 billion in debt eliminated.
WeightWatchers has struggled to keep up with more convenient weight loss options, including GLP1 drugs.
The most recent earnings from February revealed a 12% decline in members.
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