
WeightWatchers Files for Bankruptcy to Shed Debt Amid Financial Struggles
“`markdown WeightWatchers’ Strategic Bankruptcy: A Path to Renewal Introduction In a bold move that defies conventional perceptions of bankruptcy, WeightWatchers has filed for Chapter 11 protection—not as a surrender, but as a calculated strategy to shed $1.15 billion in debt and reinvent its business model. This decision reflects a pivotal shift toward telehealth services, particularly…