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FULL TEXT: Internal Memo On Bill O'Reilly Sent To Fox News Employees

The following internal memo was sent to Fox News Channel employees on Wednesday:

"We'd like to address questions about Bill O'Reilly's future at Fox News. After a thorough and careful review of allegations against him, the Company and Bill O'Reilly have agreed that Mr. O'Reilly will not return to the Fox News Channel.

This decision follows an extensive review done in collaboration with outside counsel.

By ratings standards, Bill O'Reilly is one of the most accomplished TV personalities in the history of cable news. In fact, his success by any measure is indisputable. Fox News has demonstrated again and again the strength of its talent bench. We have full confidence that the network will continue to be a powerhouse in cable news.

Lastly, and most importantly, we want to underscore our consistent commitment to fostering a work environment built on the values of trust and respect.

Best,

Rupert, Lachlan, James

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