The company, which has shaped how millions eat and exercise, is trying to reduce its debt as it expands its telehealth business.

WeightWatchers is filing for bankruptcy after 62 years since the launch of its revolutionary dieting program. The company announced it had entered Chapter 11 protection on Tuesday to “eliminate $1.15 billion in debt.

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