Bill O'Reilly is leaving Fox News, the network's parent company announced today.

O'Reilly has been accused by numerous women of sexual misconduct, and 21st Century Fox, after initially refusing to denounce O'Reilly, finally decided to sever ties with The O'Reilly Factor host.

“After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel,” 21st Century Fox said in a statement on Wednesday.

Source: abcnews.go.com