Jenny Craig Australia and New Zealand has entered voluntary administration, less than a week after saying it would continue its local operations in the wake of the United States business filing for bankruptcy.
Key points:
- Jenny Craig employees were informed the company had been placed into voluntary administration at a meeting earlier on Tuesday
- Last week a spokesperson confirmed the Australian business would continue after the US company filed for bankruptcy
- Administrators FTI Consulting say they have received interest from potential buyers
Employees of Jenny Craig Australia and New Zealand were informed the business had been placed into voluntary administration on Tuesday, after a company-wide town hall meeting was held, followed by a staff…
Read the full article at: https://www.abc.net.au/news/2023-05-09/jenny-craig-australia-new-zealand-voluntary-administration/102323108