CNBC News ICON Out Of Job!

Former Fox News Host Shep Smith Out at CNBC

(RightWing.org) – Broadcast journalist Shepard “Shep” Smith worked for Fox News for 23 years, beginning in 1996. He announced his departure in 2019 amid mounting criticism about his negative coverage of then-President Donald Trump. The following year, CNBC announced it had hired him as the network’s chief general news anchor and host of “The News with Shepard Smith.” However, a recent report revealed that he’s already on his way out at CNBC.

On November 3, CNBC announced that it had canceled Smith’s primetime program, citing its decision to redirect its focus to “business and market coverage” instead of “general news.” Network executives announced their decision to employees in a recent email, advising that Smith would leave CNBC by the end of November.

CNBC President KC Sullivan attributed the show’s cancellation to a recent restructuring and redirection. “We need to further invest in business news content,” he wrote in the email, adding that he hoped the shift would strengthen the network’s value among viewers.

CNBC cancels 'The News with Shepard Smith' to refocus on business news https://t.co/7Ek4QUM058

— CNBC (@CNBC) November 3, 2022

CNBC also noted that it would ultimately replace Smith’s program with live programming “focusing on business news launches” sometime next year. In the meantime, it would air general market coverage.

The network confirmed it would work with Smith’s team of about 20 individuals to help them find other potential job opportunities at NBCUniversal News Group. It remains unclear what Smith might do next.