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The Young and the Restless SHOCKER: Sally Sussman and Kay Alden to Retire; Mal Young in as New Head Writer! (EXCLUSIVE)

Y&R scribes are hanging up their laptops.

The Young and the Restless fans have been reeling all weekend from a shocking report from Tommy Lightfoot Garrett's Highlight Hollywood that claimed Kay Alden was allegedly being forced out at The Young and the Restless in favor of the son of head writer Sally Sussman

Everyone I've checked with in the know says the report about Sussman's son Adam Morina replacing Alden is complete b.s.

"Adam was hired on a trial deal to write a few scripts," says one insider.  "It's ridiculous to think he'd replace Kay!"

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Garrett was right about one thing — Alden is out and so is Sussman! Both writers are choosing to retire from writing soaps on their own terms. I'm hearing executive producer Mal Young will become the new head writer.

"Sally has had great success with her career as a documentary filmmaker and wants to focus her time and energy there," says a source.

The prolific Sussman wrote and directed Midnight Return, a documentary about Billy Hayes, who was imprisoned in a Turkish prison. As for Alden, the veteran scribe is reportedly ready to focus on her personal life.