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International Business Times UK
International Business Times UK
Rohit David

WeightWatchers Filing For Bankruptcy: Iconic Program Founded In 1963 Loses Clients To Ozempic And More

Founded in 1963, WeightWatchers faces bankruptcy with £1.25 billion ($1.6 billion) in debt, losing clients to drugs like Ozempic. (Credit: Beyzaa Yurtkuran : Pexels)

Since 1963, WeightWatchers has stood as a source of hope for millions seeking to shed pounds through community support, disciplined eating, and a points-based system dreamed up by founder Jean Nidetch. At its peak, the programme commanded a £5.2 billion ($6.7 billion) valuation and a loyal following.

Yet, as of 10 April 2025, this iconic brand faces a grim reality: it's preparing to file for bankruptcy, buckling under a £1.25 billion ($1.6 billion) debt and losing ground to a new wave of weight-loss solutions.

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