"It was completely mutual and they both decided it was time to move on", one friend told People. Meanwhile, another source told Us Weekly that "Jessica is doing well".
"Addressing the media speculation regarding Jessica Biel and Justin Timberlake’s relationship, we are confirming that they mutually have decided to part ways. The two remain friends and continue to hold the highest level of love and respect for each other", a joint statement reads.
30-year-old Justin and 29-year-old Jessica started dating in 2007.