WeightWatchers, the global leader in weight management, announced that it has filed for Chapter 11 bankruptcy protection in the United States, in an effort to pursue financial reorganization. The company serves thousands of people—but what will happen to it now that it has declared bankruptcy? Will it shut down? Here’s everything we know.
Why did WeightWatchers file for bankruptcy?
In an official statement, the company reported a debt of $1.15 billion. To restructure its finances and achieve long-term growth, it voluntarily initiated a Chapter 11 bankruptcy process in the United States Bankruptcy Court for the District of Delaware.
The restructuring plan includes innovations in its digital and member experience, as well as accelerating the expansion of its telehealth business, which recorded a 57% year-over-year revenue growth in the first quarter of 2025.
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“For more than 62 years, WeightWatchers has empowered millions of members to make informed, healthy choices, staying resilient as trends have come and gone,” said Tara Comonte, Chief Executive Officer of WeightWatchers. “The decisive actions we’re taking today, with the overwhelming support of our lenders and noteholders, will give us the flexibility to accelerate innovation, reinvest in our members, and lead with authority in a rapidly evolving weight management landscape. As the conversation around weight shifts toward long-term health, our commitment to delivering the most trusted, science-backed, and holistic solutions—grounded in community support and lasting results—has never been stronger, or more important.”
Will WeightWatchers shut down after declaring bankruptcy?
If you’re a customer of the company, there’s no need to worry—WeightWatchers will continue to operate as normal, and its members and their weight management plans will not be affected. Its holistic care model, telehealth services with access to clinicians trained in obesity management, prescription weight-loss medications, and both in-person and virtual workshops will remain fully available during the reorganization process.
The company also stated that it has filed a series of motions with the Court that will allow it to continue operating without interruption, including honoring commitments to employees and making timely payments to suppliers and other creditors.
What is WeightWatchers?
WeightWatchers was founded in 1963 by Jean Nidetch, who was seeking support in her personal weight-loss journey. Since then, the company has become a global leader in evidence-based weight management.
It offers a comprehensive and accessible approach through its renowned Points Program, which is recommended by healthcare professionals, along with clinical interventions such as weight-loss medications and strong community support systems.
Over the years, WeightWatchers has helped millions of individuals adopt healthier habits and live fuller, longer lives. Its wide range of innovative solutions provides members with the tools and support they need to reach and maintain their goals—no matter where they are in their personal journey.
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What is Chapter 11 of the U.S. Bankruptcy Code?
Filing for bankruptcy protection under Chapter 11 means that a company is on the brink of ceasing operations, but believes it can recover its success if given the opportunity to reorganize its assets, debts, and business operations.
By filing under Chapter 11, the company seeks protection from creditors while restructuring its business and debt. This type of protection is available to corporations, individual entrepreneurs, and partnerships. Under Chapter 11, the company’s management continues to oversee daily operations. However, major business decisions must be approved by the bankruptcy court.
Who can seek protection under Chapter 11?
U.S. law allows any company or individual with a domicile, business establishment, or assets in the country to request judicial supervision to restructure their finances and operations under the provisions of Chapter 11.
There is no minimum or maximum value for the assets of a foreign company in the U.S. to be eligible for Chapter 11 protection under U.S. Bankruptcy Law. In certain cases, deposits held by the legal firm managing the process in the U.S. may be considered assets, making the debtor eligible to seek Chapter 11 protection.
