US EditionWeightWatchers files for chapter 11 bankruptcy to cut debt
- WW International, formerly WeightWatchers, filed for Chapter 11 bankruptcy on May 6, 2025, to restructure its debt in the United States.
- The company faced a heavy debt load nearing $1.5 billion and was unable to compete effectively with more convenient weight loss treatments like GLP-1 drugs such as Ozempic, which contributed to its decision to reorganize.
- WW will eliminate $1.15 billion in debt, continue normal operations for over three million members, and focus on expanding its digital and telehealth services.
- CEO Tara Comonte emphasized that the restructuring measures have strong backing from the company’s lenders and noteholders, enabling greater flexibility to drive innovation and reinvest in members.
- The company anticipates completing its bankruptcy process and returning as a publicly listed entity within approximately 40 days, setting the stage for sustained growth in the dynamic field of weight management.
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WeightWatchers Files for Bankruptcy to Cut Down Debt
Weight management company WeightWatchers has filed for bankruptcy protection to reorganize its business due to significant debt burdens. The company announced that it filed for Chapter 11 bankruptcy at the U.S. Bankruptcy Court for the District of Delaware on May 6. It listed estimated assets and liabilities ranging from $1 billion to $10 billion, with the number of creditors at more than 100,000. “WeightWatchers has a significant amount of debt…
·New York, United States
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