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Jenny Craig Announces Plans to Wind Down Physical Operations and Seek Buyer, Potentially Impacting Employees

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Key takeaways:

  • Jenny Craig has announced plans to wind down its physical operations and is seeking a buyer.
  • The company is transitioning from a brick-and-mortar retail business to a customer-friendly, e-commerce driven model.
  • Jenny Craig has not yet revealed the details of the buyer or the timeline for the transition, and it is unclear how the transition to an e-commerce model will affect the company’s operations and employees.

Jenny Craig, a weight-loss business, has announced plans to wind down its physical operations and is seeking a buyer. In a document titled “Jenny Craig Company Transition FAQs” dated Tuesday, the company said that the process may impact all employees in some manner.

Mandy Dowson, CEO and president of Jenny Craig, said in a statement to CBS MoneyWatch that the company is transitioning from a brick-and-mortar retail business to a customer-friendly, e-commerce driven model. This transition comes as the company celebrates its 40th anniversary.

Several Jenny Craig staffers have reported that the company has alerted them in recent days about potential layoffs. The company did not provide a timeline for the layoffs, but said that they would be issuing Warn Notices for sites with more than 50 people potentially impacted.

Jenny Craig has not yet revealed the details of the buyer or the timeline for the transition. The company has not yet commented on the potential layoffs or the impact they may have on employees. It is unclear how the transition to an e-commerce model will affect the company’s operations and employees.

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