Drama at Fox News Intensifies as Network Denies CEO Was Fired

(Ed. Note: This story has been updated from its previous version)

Despite earlier reports that emerged late Tuesday afternoon , Fox News CEORoger Ailes is still employed by the company. "Roger is at work," the spokeswoman wrote in a statement. "The review is ongoing. And the only agreement that is in place is his existing employment agreement."

Previous reports stated that Ailes was to depart Fox News, where he has been CEO since 1996. According to an internal document obtained by The Drudge Report, Ailes will receive a $40 million payout from the network.

The Drudge Report's Twitter account has since deleted all of its tweets, but the tweet containing the internal memo was screengrabbed by The Daily Beast, which also confirmed Ailes' departure.

Gretchen Carlson sues Fox News CEO Roger Ailes for sexual harassment

The reported move came amid an investigation into claims made by former Fox News anchor Gretchen Carlson that Ailes repeatedly sexually harassed her. Carlson, who was fired from the network in June, has filed a sexual harassment and retaliation lawsuit against Ailes.

This week, fellow Fox News personality Megyn Kelly reportedly told investigators that she had also been sexually harassed by Ailes.

TVGuide.com has reached out to Fox News for comment.