Weight-loss company Jenny Craig to shut down after four decades

  • 📰 calgarysun
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

Jenny Craig employs more than 1,000 workers and corporate and salaried field employees\u0027 last day will be May 5

Management informed workers of the news in an email late Tuesday, and company-owned centres where members pick up meals, consult with coaches and weigh in are closed as of Wednesday, the employee said, adding that franchise-owned locations may remain open.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Bloomberg News previously reported that the company was mulling bankruptcy if a buyer didn’t surface. The company also had plans to move to an online-only model but it’s unclear whether that will happen, the employee said. The company didn’t respond to a request for comment.Jenny Craig employs more than 1,000 workers and corporate and salaried field employees’ last day will be May 5, according to the report, while hourly center employees’ last working day was Tuesday.

For more health news and content around diseases, conditions, wellness, healthy living, drugs, treatments and more, head to

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 63. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Weight-loss company Jenny Craig to shut down after 4 decadesJenny Craig, the weight loss business backed by HIG Capital, is shutting down after failing to secure additional financing. Find out more.
Source: nationalpost - 🏆 10. / 80 Read more »

Weight-loss company Jenny Craig to shut down after 4 decadesJenny Craig, the weight loss business backed by HIG Capital, is shutting down after failing to secure additional financing. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »

Weight-loss company Jenny Craig to shut down after four decadesJenny Craig employs more than 1,000 workers and corporate and salaried field employees\u0027 last day will be May 5
Source: TheTorontoSun - 🏆 23. / 68 Read more »