(UPDATE Oct. 11, 7:53 p.m.)
Billy Bush is in the process of negotiating his exit from NBC's "Today" show, according to the New York Times.
Sources told the New York Times that his departure from the morning show may come in the next few days.
(UPDATE Oct. 7:59 p.m.)
Billy Bush has been suspended from the "Today" show "pending further review of the matter," NBC News said Sunday night.
"He will never be on the show again," an on-air source told CNN.
This comes after many people have called for disciplinary action against Bush.
BREAKING: BILLY BUSH SUSPENDED FROM THE TODAY SHOW. "Pending further review."— Brian Stelter (@brianstelter) October 9, 2016
CNN reported that Noah Oppenheim, the executive in charge of "Today," sent out an internal memo saying executives had decided to go further and suspend Bush.
"I know we've all been deeply troubled by the revelations of the past 48 hours," Oppenheim wrote.
"Let me be clear -- there is simply no excuse for Billy's language and behavior on that tape," he wrote. "NBC has decided to suspend Billy, pending further review of this matter."
"Today" show co-anchor Billy Bush has been asked to take a break from the show because of his role in the leaked recording of his 2005 conversation with Republican presidential nominee Donald Trump, according to the Los Angeles Times.
A spokesperson for NBC News confirmed to the Los Angeles Times that Bush will not appear on Monday morning's show.
The decision comes after leaked audio exposed Bush exchanging sexist remarks with Trump.
It is unclear how long the "break" will last. "Today" show staffers told the Los Angeles Times that Bush could be off for a week or may not return at all.
"Today" co-host Al Roker, who was supposed to be off this week, has been called into host Monday's show.
NBC News executives told the Los Angeles Times that there are no plans to suspend or fire Bush, although the situation now appears to be fluid.
In his 2005 exchange with Trump, the now-presidential nominee boasts about his ability to grope women because of his celebrity status.
The leaked video also captured audio of Bush laughing and egging Trump on even as the real estate mogul talked about his attempts to seduce Bush's "Access Hollywood" co-host Nancy O'Dell.
Bush released a separate apology Friday.
"Obviously I'm embarrassed and ashamed," Bush said in a statement. "It's no excuse, but this happened 11 years ago I was younger, less mature, and acted foolishly in playing along. I'm very sorry."
One talent agent told the Los Angeles Times that it would be difficult for NBC News to dismiss Bush for something he did 11 years ago, unless they were to buy out his recently signed multi-million dollar contract.