Source: CBS News
“WeightWatchers has filed for bankruptcy as more Americans turn to weight loss drugs to slim down. The 62-year-old weight loss program’s parent company, WW International, announced Tuesday that it aims to eliminate $1.1 billion in debt as part of the Chapter 11 filing and to focus on expanding its fledgling telehealth business. Services to WeightWatchers customers will continue uninterrupted, the company said. … WeightWatchers said it expects to complete the reorganization in 40 days and emerge as a publicly traded company.” (05/07/25)
https://www.cbsnews.com/news/weightwatchers-bankruptcy-ozempic-weight-loss-drugs/