Rose is said to be planning to call time on the hard rock group after they complete their Las Vegas residency on June 7,almost 30 years after he created the band, reported Contactmusic.
"Band members have been told their calendars are free following Vegas. Axl is considering retiring and it's done. Band members and support staff were surprised when told the news and are actively looking for work," a source said.
The 52-year-old singer is the only remaining founding member of the band with lead guitarist Slash, bassist Duff McKagan, drummer Steven Adler and rhythm guitarist Izzy Stradlin having all quit over the years.