WeightWatchers has filed for bankruptcy in the US as it struggles with debt and fierce competition from fat-loss jabs like Ozempic and Mounjaro. The legal process will see $1.15bn (£860mn) of the 60-year-old diet brand's debt written off while it agrees new terms for paying back its lenders.

The legal process will see $1.15bn (£860mn) of the 60-year-old diet brand's debt written off while it agrees new terms for paying back its lenders.

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