WeightWatchers is filing for Chapter 11 bankruptcy to eliminate $1.15bn in debt and transition to telehealth services. The company has support from most debt holders and expects to emerge from bankruptcy within 45 days. Revenue has declined, but clinical subscription revenue has increased. CEO Sima Sistani resigned, and Tara Comonte is now interim CEO. The company's stock has significantly dropped. Teljes cikk (Euronews.com)