WeightWatchers Files for Bankruptcy…But It’s Not What You Think

By Chelsey | Staff Writer

May 07, 2025 @ 2:00 PM MDT

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Here’s everything you need to know about WeightWatchers filing for bankruptcy…

The Weight Watchers website shown on a laptop

It was just confirmed on Tuesday that WeightWatchers has filed for Chapter 11 bankruptcy, but while this may sound alarming, it’s actually a strategic move for the onlinepany to ‘bolster’ its financial position and build a stronger future.

By restructuring, the onlinepany is reducing its $1.5 billion debt and gaining flexibility to invest in better tools, programs, and experiences without disrupting service.

woman looking down at egg bites

What does that mean for WeightWatchers customers?

Actually, good news! Although the financial journey ahead may be unclear, the global leader in science-backed weight loss assures its customers that the onlinepany is here to stay. Current WW subscribers can count on:

Continuations of service/memberships—NO interruptions!
Continued clinic appointments, both virtual and in-person
The same best-in-class support on the mobile app!

Why did WeightWatchers file for bankruptcy?

While the 62-year-old program was the cornerstone of dieting and weight loss for several years, in 2024, stocks plummeted. This, in part, was due to the new telehealth platform developed by former CEO, Sima Sistani, which did not drive success as expected.

Additionally, the star board member, Oprah Winfrey, left after nearly a decade of holding the position and donated all of her stock to a museum.

Now, in the hands of the new CEO, and former chief financial advisor at Shake Shack, Tara onlineote, the onlinepany is expected to onlinee back even stronger – and we’re cheering you on, WeightWatchers! 🤍

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About the writer:

Chelsey is a writer & photographer with both a Bachelor's and Master's Degree from Arizona State University. She holds 3+ years blogging experience not only for Hip2Save, but various other publications in the health, lifestyle, and education field.