Shayne Ward lets us know he is okay after being dumped by Simon Cowell

Shayne Ward reassured his fans he was OK earlier today after becoming the fourth Casualty of Simon Cowell's record label Syco.

Shayne, who was the X Factor winner in season two, seemed optimistic about being dropped by the music mogul, tweeting "To all my Fans, I am great!

"1 door closed, A thousand more will open :-) X" he also seemed to be understanding of the labels decision, adding "Remember Business is business"

The 26 year old who was with the label for 5 years had six top 20 singles and three top 20 albums but failed to impress with the chart position of his latest single "Gotta be somebody".

A spokesperson at the record label confirmed the news by telling the Sun that the singers contract had come to an end "after five very successful years".

Girls win when it comes to the X Factor

The female winners of the show Leona Lewis and Alexandra Burke's careers are on the up things have not gone so well for the boys.

Matt Cardle must be biting his nails, he is the only male X Factor winner still signed to Syco Music.

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Simon Cowell Leaves "X Factor" UK

Moving forward to concentrate on the show's U.S. debut, Simon Cowell has officially quit his judging role on the U.K. version of "X Factor."

ITV has confirmed what has been speculated for months, that the 51-year-old is indeed leaving and will now work to divide his time between the American and British versions.

The network has also reported that Simon will remain "an enormous presence backstage" on the British version of the talent competition, yet it's unknown just how much on-air time fans can expect.

On top of the UK departure, Cowell has voiced his hopes in landing Nicole Scherzinger for the US version.

Simon told, "Yeah, I want her to do it but we've got to get the deal done and find someone with whom she has chemistry. But I absolutely adore her. She was fantastic on the UK X Factor. I'm hopeful it will happen."

He added: "She's gorgeous and ruthlessly ambitious and doesn't arrive with a massive entourage. Everyone adores her."

Cowell's newest "X Factor" adventure is scheduled to get underway sometime this fall on FOX.