As the high-profile — and high-priced — face of Yahoo! News, Katie Couric is under renewed pressure to deliver for the company as it streamlines its offerings and reduces its staff, the New York Post reports, noting that Couric is pulling down a paycheck of $10 million a year.
“There was grumbling in the ranks recently, several sources said, as Yahoo axed popular magazine verticals and laid off workers while retaining the high-priced anchor,” the Post reports. “For many observers, it was a case of deja vu. Couric, these people noted, pulled in $15 million a year as the anchor of the ‘CBS Evening News’ — while the Tiffany Network was slashing jobs on its news desk.”
The report adds: “Some said that while Couric is good at carrying the flag, she has failed to pull in the big celebrity ‘gets’ that she was hired to do when in 2013 she was hired as Yahoo’s first-ever global news anchor.”