Earlier on Wednesday, NBC News Chairman Andy Lack sent a memo to staffers explaining the decision to fire Lauer. As a result, we've made a decision to terminate his employment. NBC said Lauer's firing was related to "inappropriate sexual behavior in the workplace". "We are still processing all of this and I will tell you right now we do not know right now more than what I just shared with you".
Lauer joined the "Today" show as a news anchor in 1994.
The television news industry has been hit with yet another sexual misconduct scandal, this time it's at NBC, which has just fired longtime Today Show host Matt Lauer.
Savannah Guthrie announced the move at the top of the "Today" show on Wednesday morning.
President Donald Trump was quick to weigh in on the situation.
Hoda Kotb was seated in the place Lauer would be as Guthrie offered her thoughts on the situation.
The move comes a week after Charlie Rose was sacked from CBS News over reports of sexual harassment.
Lauer's agent Ken Lindner did not immediately respond to a request for comment.
Lauer, 59, was the highest paid host in broadcast news, earning a reported $28 million per year.
Lauer has not released a public statement yet.
There has also been a list circulating online of "alleged sexual abusers, harassers, and general creeps in the New York City media and publishing sphere", according to New York Magazine. "I'm heartbroken. How do you reconcile your love for someone with the revelation that they have behaved badly?"
There were reports journalists at multiple outlets had been investigating complaints against Lauer.