WeightWatchers 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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Total News Sources189
Leaning Left25Leaning Right20Center105Last UpdatedBias Distribution70% Center
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70% Center
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C 70%
13%
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