It's a mass exodus at Saturday Night Live.
Davidson joined the NBC comedy in 2014 at the age of 20, making him one of the youngest cast members in the show's history. He currently sits among the show's longest-tenured stars, including Kenan Thompson, Cecily Strong, Aidy Bryant, and Kate McKinnon.
However, that list will grow shorter, as McKinnon and Bryant are reportedly leaving SNL after 10 years. The two joined SNL in 2012 and quickly broke out as major stars with their reliable impressions and recurring characters.
Kyle Mooney, who joined the show in 2013, is also expected to leave after Saturday's finale.
Although he's leaving SNL, Davidson will still be part of the NBCUniversal family. He is set to star, co-write, and executive producer his own streaming series Bupkis, which will be released on Peacock.
The SNL Season 47 finale airs Saturday, May 21 at 11:30 PM ET/8:30 PM PT.
Primetimer has reached out to NBC for comment but did not hear back by the time of publication.
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This story has been updated to include additional information about Kate McKinnon, Aidy Bryant, and Kyle Mooney.
Kirstie Renae is a writer, blogger, and Austin-based actress with a penchant for binge-watching TV with her dogs. Follow her on Twitter @KirstieRenae.