Bill Hader, who has been a cast member on “Saturday Night Live” for the past eight years, will be saying goodbye to the NBC late-night sketch comedy show this Saturday, corresponding with the end of its 38th season

The New York Times reports that the 34-year-old’s decision was based on two factors: seeing his former friends and colleagues Andy Samberg and Kristen Wigg calling it quits last season and wanting to move to Los Angeles with his wife and two daughters.

“It was a hard decision, but it has to happen at some point,” Hader told the newspaper in an interview. “It got to a point where I said, ‘Maybe it’s just time to go.’”

With Hader’s departure, fans will have to part ways with “Weekend Update” corespondent Stefon, a variety of game show hosts, and his impersonations of James Carville, Al Pacino, Vincent Price and Julian Assange.

Hader, who joined “SNL” as a featured performer in 2005 and was quickly promoted to a full cast member the next year, reminded executive producer Lorne Michaels of former “SNL” cast member Dan Aykroyd when he saw Hader perform at a LA comedy show for the first time.

“In terms of intelligence and talent, he was in that same tradition,” Michaels said in a telephone interview with the NY Times. “He was so completely committed to the art of it, and enough a student of it, that there’s something strikingly original. He didn’t explode onto the air, but gradually he found his voice, and that became a huge thing.”

Hader will be join a long list of stars, including Tina Fey, Jimmy Fallon and Mike Myers, who left “SNL” to venture on to other projects. However, he might not be the only cast member leaving in the near future. In addition to Seth Meyers departing next year to take over for Fallon on “Late Night,” there are talks that Fred Armisen and Jason Sudeikis may also be waving goodbye.

While final plans for Hader’s last episode are still up in the air, Hader and Michaels said viewers shouldn’t be expecting the kind of emotional send-off that Wigg was given last year, in which Mick Jagger and “SNL” cast members sang to her.

Regardless of what happens in his final episode, Hader has proven that he isn’t just a “SNL” cast member. He is also a movie actor, having appearing in many films such as “Superbad,” “Tropic Thunder” and “Men in Black 3.”