Last month, Bianna Golodryga, the fourth anchor in the mornings, was taken off the show and subsequently left the network.
"I also think I know that that's true", King continued.
The network also announced that the program will move from its current studio in NY to Washington later this fall.
Other changes at the network include John Dickerson moving from mornings to "60 Minutes" and election specials, while Anthony Mason and Tony Dokoupil will fill the seats left vacant by O'Donnell and Dickerson on "CBS This Morning" as co-hosts alongside star Gayle King.
She said it was humbling to accept the position, which had been held by Walter Cronkite. "I actually called up her lawyer, Allen Grubman, and I said, 'Allen, she should get what she wants.' And Allen goes, 'What the F do you think I'm doing here?"
Like O'Donnell, current host John Dickerson will report for "60 Minutes" and contribute to election coverage.More news: Game Of Thrones Season 8 Episode 4 LEAKS; Reveals Major Spoiler
More news: Trump Says Just Don't Do It as Mueller Testimony Tentatively Set
More news: N.Korea Warns U.S. to Soften Approach
We first reported in May 2018 that execs were "panicking" about Glor's numbers and that insiders were already convinced his days were numbered.
But that isn't the only major change that was announced on Monday. The network reportedly planned to announce them next week during its annual "upfront" presentation with advertisers.
Her new contract will reportedly be for $11 million per year, up from the $5 million that she is getting at the moment. According to sources, King was looking for big bucks on par with ABC's George Stephanopoulos' salary which reportedly is between $15 million and $18 million.
"Even as a child my mother would say I never took no for an answer", says O'Donnell who shares son Henry and daughters Riley and Grace with husband Geoff Tracy. "You have no beef with me", King told O'Donnell. You have no beef with me. "It's two great jobs for two great women", she said. "It's not the critic who counts".
O'Donnell thanked King for being her "work BFF" and making her better. As it was mentioned above, Glor became a permanent anchor on CBS Evening News as a replacement for Scott Pelley, but it's unclear what his role will be in the future now that Norah O'Donnell is running Evening things.
"We are discussing opportunities for Jeff to remain with CBS News and continue providing the same substantive, trusted reporting that he has been offering for the past 12 years", Zirinsky said.