Jenny Craig's Australian operations safe as US business reportedly plans to file for bankruptcy

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Jenny Craig's Australian operations safe as US business reportedly plans to file for bankruptcy
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Jenny Craig centres will continue to operate in Australia despite reports the company plans to file for bankruptcy and close in the United States after failing to find a buyer for the weight loss empire.

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abc.net.au/news/jenny-craig-australia-safe-united-states-branch-faces-bankruptcy/102303814Weight loss empire Jenny Craig will continue its operations in Australia, after reports the company plans to file for bankruptcy and will close the business in the United States.

The internal email said the company will close "due to its inability to secure additional financing," according to US news outlet NBC.NBC reports that internal communications from the company say corporate and salaried employees will finish working on Friday, local time, while casual workers finished on Tuesday.

Bloomberg Law reported last month that the company was looking to sell as it grappled with "cash flow pressures".A spokeswoman for Jenny Craig has confirmed the collapse of the company in the US will not affect its operations in Australia."Here in Australia and New Zealand we currently continue to operate and support our clients," she said.

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