Weight Watchers, the 61-year-old program that revolutionized dieting for millions of Americans, has filed for bankruptcy.

The company is filing for Chapter 11 bankruptcy protection to focus on its transition into a telehealth services provider.

WeightWatchers filed for Chapter 11 bankruptcy on Tuesday but assured its 3.3 million members that nothing would change.

WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on ...