Weight Watchers files for bankruptcy to help compete with Ozempic - Once boasting up to five million subscribers and backed by the likes of Oprah Winfrey, the company is now trying to shed debt and re

Ozempic and other drugs like it have been threatening the more traditional weight loss industry since they premiered — and it appears that Weight Watchers is the first to get the hatchet. In a note to investors,

WeightWatchers (WW) announced Tuesday that it is filing for bankruptcy in an attempt to crawl out of more than $1 billion in debt. The move comes as the company refocuses on prescribing weight loss GLP-1 drugs like Ozempic.