WeightWatchers has filed for bankruptcy as more Americans turn to weight loss drugs to slim down.

WeightWatchers filed for Chapter 11 bankruptcy in an effort to reduce its debt by more than $1 billion. However, CEO Tara Comonte said the weight-loss program has no plans to shut down, and that its 3.

“WeightWatchers’ holistic model of care—including its No. 1 doctor-recommended weight loss program, telehealth offering with access to obesity-trained clinicians and prescription weight-loss medications, and virtual and in-person workshops—remain fully operational during the reorganization process.”