Reports are coming in that NBC is moving Jay Leno back to his 11:30 time slot and moving Conan O’Brien to 12 or firing him. TMZ says:

We’ve learned Jay’s 10:00 PM show will go on hiatus February 1. After the Olympics, Jay will take back his 11:30 PM time slot. What has not been decided — whether Jay’s show will be a half hour, followed by Conan, or whether Jay’s show will be an hour and NBC says sayonara to Mr. O’Brien.

We’re told Jay and Conan have both been told of the changes. As for Jay, interestingly, he’ll get what he always wanted — his 11:30 PM time slot.

Jay Leno was set to retire and Conan was to take over his show, but NBC screwed Conan over and gave Leno a new show at 10. Now that Leno couldn’t pull in any numbers, they’re moving Leno back to his old time slot hoping to get back the ratings they once had. They’re then either moving O’Brien back to the midnight wasteland or firing him. Conan’s like the ugly stepsister who keeps getting dicked around. At the NBC meetings, they probably shove Conan’s face in a bowl of wet dog food and all Conan can do is ask, “Thank you sir, may I have another?” You could punch Conan in the balls for the next 24 hours and it still wouldn’t be as bad as what NBC is doing to him.