The two stars confirmed their departures from the daytime talk show via Twitter, leaving Whoop Goldberg as the only host left.
Whoopi Goldberg is now the only host 'The View' has.
ABC Officials announced on Thursday night (June 26th) that the daytime talk show is going through a huge transitional period. "The View will be moving in an exciting new direction next season and ABC has made decisions to evolve the show creatively," the television network's statement read.
Shepherd has been a host on 'The View' since 2007
Soon afterwards, co-hosts Jenny McCarthy and Sherri Shepherd took to social media to announce that they are leaving the show.
Shepherd tweeted, "The number 7 is God's number of completion & after 7 seasons my time at The View is now complete! So grateful 2 every1 4their love & support."
The 47 year-old, who has been a permanent co-host since September 2007, decided to depart from 'The View' because "there were negotiations but they were unable to reach an agreement," a source told Us Weekly.
"It's been seven wonderful years on The View and after careful consideration it is time for me to move on," Shepherd said in a personal statement to Deadline.
Adding, "I am extremely grateful to Barbara Walters and Bill Gedde for giving me the opportunity. I look forward to the business opportunities that lay ahead for me and I am incredibly grateful to my View family and my fans for supporting me on this journey."
Although McCarthy only worked on the show for one season, her leaving "was the result of a decision to move the show in a different direction creatively," the source added.
McCarthy was a host for only one season
"If Sherri goes... I go too. #sisters," the 41 year-old tweeted. "My View will be changing too. As will with many hard working folks. Thanks to everyone at the show for your dedication and an amazing year."