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UPDATE [11/29/17, 10:05 a.m. EST]:

The New York Post reported shortly after news broke regarding the firing that NBC cut ties with Matt Lauer over an allegation he sexually assaulted a female NBC staffer during the network's coverage of the Sochi Winter Olympics in 2014.

Matt Lauer, longtime “Today” show co-host has been fired from NBC News over what the company called “inappropriate sexual behavior in the workplace.”

“Today” co-anchors Savannah Guthrie and Hoda Kotb announced Lauer's firing on Wednesday morning, reading a statement from NBC News Chairman Andy Lack which explained that the network received a “detailed complaint from a colleague about inappropriate sexual behavior in the workplace by Matt Lauer.”

“It represented, after serious review, a clear violation of our company's standards,” the statement said. “As a result, we've decided to terminate his employment.”

While the memo did state that the complaint against Lauer was the first of its kind, Lack claimed there is “reason to believe this may not have been an isolated incident.”

“Our highest priority is to create a workplace environment where everyone feels safe and protected, and to ensure that any actions that run counter to our core values are met with consequences, no matter who the offender,” Lack continued.

“We are deeply saddened by this turn of events. But we will face it together as a news organization — and do it in as transparent a manner as we can.”

Guthrie and Kotb also said that they had just heard the news via the memo and that they didn't know anything more than what was contained in it.

“It's hard to reconcile what we are hearing with the man who we know who walks in this building every single day,” Guthrie said.

President Donald Trump weighed in on the new early on Wednesday tweeting “Wow, Matt Lauer was just fired from NBC for “inappropriate sexual behavior in the workplace.” But when will the top executives at NBC & Comcast be fired for putting out so much Fake News.”

Lauer is the latest high-profile male media figure to be brought down over allegations of sexual misconduct. Last week, CBS News fired long-time host Charlie Rose after a report in The Washington Post contained years of sexual harassment complaints.

Watch the announcement below, via NBC.

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