LOS ANGELES -- Sherri Shepherd is leaving "The View" after seven years and freshman co-host Jenny McCarthy said she’s right behind her, a major upheaval for the daytime talk show a month after creator Barbara Walters’ retirement from on-camera duties.

In a written statement, Shepherd said that after "careful consideration" she has decided it’s time to move on.

According to a person familiar with the situation, Shepherd was negotiating a new contract and she and ABC failed to reach an agreement. The person wasn’t authorized to discuss the matter publicly and spoke on condition of anonymity.

Shepherd’s manager, Darris Hatch, replied "yes" in an email when asked if that was accurate.

Shepherd got a Twitter shout-out from fellow host Jenny McCarthy, whose one-year contract ended without a new deal, according to the person familiar with the situation.

"If Sherri goes ... I go too," McCarthy tweeted from her verified account, adding "#sisters," followed by another tweet: "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."

McCarthy’s publicist, PMK-BNC, didn’t immediately respond to a call and email seeking comment.

ABC declined to discuss Shepherd or McCarthy’s status but issued a statement saying change is ahead for the show, which is on hiatus.