Katie O'Brien
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Katie O'Brien in Senior Content Editor,

Weight Watchers Can't Keep Up

Weight Watchers (NYSE: WTW) has seen declines over the past three years, however, none as low as Friday, according to the Concord Monitor. The weight loss company stock dropped to $11.33 showing, according to the Monitor, the lowest numbers since the company debuted in 2001.

Unfortunately, this is not the only bad news for the company, which has been in business since the 60s. Lesya Lysjy, the president of North American operations is planning on stepping down. Further, the company plans to cut up to $100 million in costs, the Monitor reported.