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Katie Couric faces pay cut, CBS News has huge layoffs

Katie Couric makes $300,000.00 a week? Are you kidding me? One would think with all that money the ice princess would be giving to charities and such. I can’t remember ever reading about Couric doing anything nice for anyone. I can’t imagine why no one watches CBS news. maybe its because it sucks and Katie Couric can suck the life out of any news story. Not to mention she is just another liberal toady. ED

CBSNEWS anchorwoman and 60 MINUTES contributor Katie Couric faces a dramatic pay cut at the network, insiders tell the DRUDGE REPORT.

CBS boss Les Moonves is determined to save money and trim expenses — from top to bottom — at the former crown jewel of broadcasting.

Couric, the highest paid TV news personality in history, commands over $14 million a year, plus bumps for non-EVENING NEWS appearances.

But her salary is now in the direct line of fire, network insiders explain, and a populist backlash against Couric’s cash is said to be forming inside the newsroom.

“She makes enough to pay 200 news reporters $75,000 a year!” demands a veteran producer. “It’s complete insanity.”

The angry source continues: “We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. Well, look at Katie!”

Couric’s $300,000 a week paycheck has become the obsession of disgruntled CBS staff, just as deep layoffs rock the fishbowl.

Dozens of employees — including staff members in D.C., San Francisco, Miami, London, Los Angeles and Moscow — are being let go, the NEW YORK OBSERVER reports.

Couric’s current CBS contract expires next year.

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