The popular daytime TV shows will be axed from screens from Monday, March 23 but Good Morning Britain and This Morning will continue, with skeleton crew and presenters on set for the past week.
The Mirror reports the move is a bid to protect both of the flagship daily series.
Lorraine Kelly will now joins Piers Morgan, who is solo in the absence of Suzanna Reid while she self-isolates, in the GMB studio for the last hour of his show before handing straight over to This Morning.
The decision will minimise the number of staff travelling in and out of the ITV studios – with reduced crews on set to combat the spread of the virus.
There will be an extended GMB from 6am until 8am, before Scots presenter Lorraine joins Piers for the final hour.
Loose Women had been filmed without a studio audience this week while This Morning presenters Phil and Holly have commented they are “hanging on by a thread” as they continue with skeleton production teams and stringent safety measures.
An ITV spokesperson said today: “ITV Daytime has taken the decision to stop broadcasting Lorraine and Loose Women live from Monday 23rd March.
“This decision has been made to minimise the number of staff travelling in and out of our studios and working together on shift at any one time.
“We’re focusing our efforts on providing to viewers the latest news on the rapidly changing situation which aims to offer some stability and continuity in all our lives whilst so many of us are at home right now.
“That’s why we have taken this tough decision to protect our GMB News programme in the morning and keep This Morning on air for as long as possible.
“From Monday we will be running an extended version of Good Morning Britain from 0600 until 10am. At 9am Lorraine Kelly will join Piers in the GMB studio for the last hour and then hand straight over to the This Morning studio with Phillip and Holly as usual running from 10am until 1230pm.
“We will then run some of our most favourite repeat episodes of Loose Women from 12.30pm to 1.30pm to give viewers something to smile about each day at lunchtime.
“We have been reducing our crew numbers over the last week and these changes will enable us to reduce them further and help us build further resilience with the aim of Daytime content continuing to air for as long as possible.
“Safeguarding the well-being of everyone involved with our programmes is our priority and in this dynamically developing situation we will obviously continue to review these new arrangements on a day by day basis and follow at all times the latest PHE and WHO guidelines.”
The decision comes after it was announced earlier today that filming on Coronation Street and Emmerdale will stop to protect cast and crew members, meaning the shows could be off screens by summer.