Lauer, who reportedly earned $25 million a year, is out at NBC News due to an allegation of sexual misconduct in the workplace.
Initial reporting indicates that a junior employee filed a sexual harassment complaint based on an incident at the Sochi Olympics in 2014 and subsequent incidents.
CNN Money says Lauer’s coworkers knew “multiple” outlets were reporting stories about his misconduct. And Lauer’s attitude toward women has been called into question in the past.
During a 2012 interview with Anne Hathaway, he asked her what “lesson” she had learned after paparazzi snagged an upskirt photo. He had greeted her by noting that everyone had “seen a lot of her lately.”