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Diet giant Jenny Craig goes under in Australia

Article image for Diet giant Jenny Craig goes under in Australia

Iconic weight-loss company, Jenny Craig Australia to cease trading.

The weight loss behemoth has failed in its quest to secure a buyer for its brick-and-mortar stores, and as a result, the business will be “halting its trading operations immediately,” according to the company’s administrators.

The company has been in voluntary administration since February, a state typically used to protect a business from its creditors while it restructures or seeks a buyer.

The move will sadly result in all employees of Jenny Craig Australia losing their jobs.

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