Joy Reid will exit MSNBC with the changes, while José Díaz-Balart and Katie Phang will also lose their dayside hours.

MSNBC is set to drop Joy Reid's "The ReidOut," which will air its final show on the network this week, TheWrap has learned. The cancellation is part of Rebecca Kutler's vision for the network moving forward.

A cruel detail in the lay-offs is that MSNBC is actually adding jobs – the laid off staff, however, are not being shifted to the new roles but will