Staff in Newsweek's New York offices were told they could stop working and go home for the day on Monday afternoon, the source close to the newsroom told CNN.
"Can confirm I was fired. I know nothing else. Can say nothing else yet," Roe told CNN in an email.
It is unclear whether the firings are related to Katz's ongoing coverage of the Manhattan DA's ongoing financial investigation of Newsweek, whose New York offices were raided January 18. Katz reported that authorities were investigating a potential "money trail" between former Newsweek Media Group executives and Olivet University, a California Christian College.