• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Matt Lauer

Here’s Why Matt Lauer Was Fired So Quickly

By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
November 29, 2017, 9:16 AM ET

The speed at which Today Show host Matt Lauer was fired was stunning—not only because of his long tenure at NBC, but because of his status as one of the network’s most prominent faces.

But behind the scenes, NBC officials were apparently worried about a looming bombshell about the anchor that would have caused a public relations disaster and decided to act proactively. Two reporters at Variety confirmed they had been working on a story about sexual harassment allegations against Lauer for more than two months. And Brian Stelter of CNN’s Reliable Sources says The New York Times was nearing publication on one as well. NBC management was reportedly aware that both stories were close to being published.

The Variety reporters say their research revealed multiple victims.

For the last two months, @EWagmeister and I have been reporting on a story about serious sexual harassment allegations against Lauer. There were multiple victims. https://t.co/jW2QEeDOqo

— Ramin Setoodeh (@RaminSetoodeh) November 29, 2017

The Variety story had been in the works for 2 months. And NBC News management knew about both the NYT and Variety investigations. https://t.co/QXJR9WbYqS

— Brian Stelter (@brianstelter) November 29, 2017

At @Variety, @RaminSetoodeh & I had been working on a Matt Lauer story for months and NBC was aware. There are multiple women we've spoken to with far-ranging accusations against Lauer. The power of journalism has never been more evident with this cultural change.

— Elizabeth Wagmeister (@EWagmeister) November 29, 2017

Lauer’s dismissal has additionally brought forward others who say they were aware of his alleged behavior, but were too afraid to say anything because of his position of power.

Matt Lauer put the fear of god into these women. He had relationships with reporters outside NBC that he cultivated just for this purpose. They knew that. https://t.co/47UKT8DuJA

— Yashar Ali 🐘 (@yashar) November 29, 2017

NBC News chairman Andrew Lack said in a memo that this was the first reported incident Lauer has faced in more than two decades with the network. However, while there had been no other complaints, Lack said he had “reason to believe this may not have been an isolated incident” – perhaps a reference to the looming reports.

Lauer has been, in many ways, the public face of NBC for decades. He has long hosted the Macy’s Thanksgiving Day parade and, because he hosts the Today Show (a combination of news and entertainment), he has been cleared to appear as himself in several movies.

That fame—and power—has made him an expensive commodity for NBC. Lauer has topped the charts for highest paid TV hosts, coming in at number three this year, according to Business Insider. In 2012, Lauer had signed a multi-year contract with NBC, reportedly worth between $20 million and $25 million per year. And last year, the anchor reportedly signed another two year deal through 2018.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Ryan Serhant taking a selfie
SuccessProductivity
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
8 minutes ago
C-SuitePolitics
Minnesota CEOs chose deescalation over outrage. Did it work?
By Geoff ColvinJanuary 31, 2026
20 minutes ago
Theranos founder Elizabeth Holmes and her husband Billy Evans.
LawTheranos
The mystery behind Elizabeth Holmes’ tweeting spree from prison
By Jessica MathewsJanuary 31, 2026
20 minutes ago
Albert Bourla
SuccessView from the C-Suite
Pfizer CEO Albert Bourla’s best leadership advice: Being optimistic is better than being right
By Preston ForeJanuary 31, 2026
2 hours ago
EconomyFederal Government
Meet the first CEO of the IRS: A Jamie Dimon protege facing a $5 trillion test this tax season
By Lee CliffordJanuary 31, 2026
2 hours ago
EconomyU.S. economy
Kevin Warsh will inherit a challenge no Fed chief has faced since post-World War II regarding the spiraling $31 trillion national debt
By Shawn TullyJanuary 31, 2026
2 hours ago

Most Popular

placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
20 hours ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
3 days ago
placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
3 days ago
placeholder alt text
AI
Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
2 days ago
placeholder alt text
Investing
Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
By Eva RoytburgJanuary 29, 2026
2 days ago
placeholder alt text
Big Tech
Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained
By Eva RoytburgJanuary 29, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.