Drudge reports that CBS is cutting from the top to the bottom:

CBSNEWS anchorwoman and 60 MINUTES contributor Katie Couric faces a dramatic pay cut at the network, insiders tell the DRUDGE REPORT.
… “She makes enough to pay 200 news reporters $75,000 a year!” demands a veteran producer. “It’s complete insanity.”
… Couric’s $300,000 a week paycheck has become the obsession of disgruntled CBS staff, just as deep layoffs rock the fishbowl.

More on CBS from the New York Observer.