Gigi Hadid must be feeling a roller-coaster of emotions right now after landing a gig at Victoria's Secret, a dream of hers when she was still young, and then suffering from the breakup with boyfriend Joe Jonas.

People magazine confirmed the breakup rumors in its latest article.

"Joe and Gigi's relationship recently ended," the reported source of the magazine said. "Nothing serious happened ... it wasn't a dramatic break up. It was just hard to make it work with their schedules. They will definitely remain friends."

"The supermodel and musician began dating this summer and were first spotted getting cozy at a New York bar in June," it added. They made their red carpet debut as a couple at Global Lyme Alliance inaugural gala in New York last month."

The split came on the heels of the announcement by Gigi Hadid that she booked a Victoria's Secret fashion show.

In an Instagram post three days ago, Joe Jonas' girlfriend shared the moment when she was told that she's going to be part of Victoria's Secret lingerie fashion show.

The model wrote, "Couldn't keep back my tears!!!! Anyone that grew up with me knows that getting this show has been a dream of mine forever! THANK YOU @victoriassecret & @ed_razek! One of the happiest moments of my life. #vsfashionshow2015."

Meanwhile, Joe Jonas was photographed looking quite in a "good mood" right before the breakup was with Gigi hadid was revealed to the press, E! News claimed.

"He was in a good mood," the source added. "He was so happy to see his brother [Nick] and be around his friends for the night. He was surrounded by his best friends."

"They still remain friends but their schedules started effecting their relationship," the alleged insider dished.

To date, Gigi Hadid and Joe Jonas has yet to issue a statement regarding the breakup reports.