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

MSNBC will replace anchors Joy Reid and Alex Wagner in its evening lineup, some of the first big moves from new president Rebecca Kutler

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.