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Weight Watchers bankruptcies: Company looking to restructure $1bn debt

WeightWatchers, also known as WW International, Inc., filed for bankruptcy on May 6, 2025, in the Delaware Bankruptcy Court to restructure over $1.15 billion in debt.
The filing followed sustained revenue declines, subscriber losses, and increased competition from weight loss drugs like Ozempic and social media fitness alternatives.
WeightWatchers has transitioned toward telehealth services after acquiring Sequence in 2023, aiming to expand prescription offerings for obesity drugs amid a shrinking traditional subscriber base.
Interim CEO Tara Comonte commented on Tuesday that filing for bankruptcy will enable the company to increase innovation and reinvest resources, highlighting their dedication to providing reliable, evidence-based, and comprehensive health solutions.
The restructuring is designed to allow WeightWatchers to continue its operations and exit bankruptcy proceedings in approximately a month and a half, setting the stage for sustained growth despite challenges in the industry.

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CBS Evening News covers WeightWatchers’ $1bn debt restructuring and bankruptcy amid rising pressure from weight loss drugs.

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