Panic at the Disco have announced the departure of co-founder/guitarist Ryan Ross and bassist Jon Walker. They explained:

Ryan and Jon will be leaving to embark on a musical excursion of their own. Though the four of us have made music together in the past, we've creatively evolved in different directions which has compromised what each of us want to personally achieve. Over the years, we have remained close and honest with each other, which helped us to realize that our goals were different and that parting ways is truly what is best for each of us. We are all excited for the future, you should be too.

No touring or album plans have changed in light of the news.