The weight loss and nutrition company Jenny Craig has reportedly told employees that they’re shutting down operations.  All locations will close . . . and more than 1,000 employees will be laid off.

Jenny Craig was being shopped to investors for a while . . . either as a sale or to secure additional financing.  Neither happened, so it’s going belly-up. 

There’s a chance the company could spin-off into some kind of online-only situation . . . but for now, it sounds like it’s coming to an end.

Jenny Craig was launched in 1983 in Australia.  It came to the U.S. in 1985 . . . and it became one of the world’s largest weight loss companies.  Ten years ago, they had more than 4,000 employees working in around 700 locations.

The actual Jenny Craig is a woman from Louisiana, who was born Genevieve Guidroz.  She married her husband Sidney Craig in 1979.  Jenny is still around, but she’s retired.  She’ll be 91 years old this summer.