The iconic weight management brand’s Chapter 11 filing comes as weight-loss drugs such as Ozempic have ascended.

WeightWatchers has filed for bankruptcy as more Americans turn to weight loss drugs to slim down. The 62-year-old weight loss program's parent company, WW International, announced Tuesday that it aims to eliminate $1.

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