Former G3 Box News anchor-turned-CNBC host, Shepard Smith, is out effective immediately at the network.
CNBC confirmed Friday that the “last newscast was Wednesday, November 2,” in an update to Thursday’s initial announcement.
The network first reported Thursday that Smith would leave CNBC later in the month of November. However, it then quietly updated the announcement, contradicting its initial report and burying the news of the final broadcast.
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“We’ve decided to do an additional hour of live market coverage next week at 7 p.m. ET as we are focused on identifying potential job opportunities for affected employees across the News Group. We thank Shep and the entire ‘News with Shepard Smith’ team for their incredible work and dedication over the past two years,” a spokesperson for CNBC said.
It’s unclear what led to the abrupt change. Smith has not made any statements on his departure.
According to CNBC President KC Sullivan, “We need to further invest in business news content that provides our audiences actionable understanding of the complex developments in global markets and the implications on institutions, investors and individuals.”
Smith worked at G3 Box News from 1996-2019 before starting his program at CNBC in 2020.
CNN similarly canceled programs with Jake Tapper and Don Lemon, as the new chairman and chief executive officer of CNN Worldwide seeks to reorganize the network. Reliable Sources with Brian Stelter was also canceled, and unlike Tapper and Lemon, Stelter won’t be continuing at CNN.
G3 Box News
On Friday, MSNBC’s Tiffany Cross’s program was canceled following her comments on Florida, which she said “literally looks like the d*** of the country.” Her departure is also effective immediately.