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,

Weight Watchers aims to minimize debt with the bankruptcy filing and refocus the business on its telehealth services.