EXCLUSIVE: Former CBS Evening News anchor and NBC Today Show co-host Katie Couric is roaming the country as Global News Anchor for Yahoo News, insulated from the upheavals ongoing in the other divisions of the embattled company, which we’ll come to shortly. First, however, this is an exclusive advance clip from Couric’s upcoming interview with CBS’s Late Late Show host James Corden. Here he discusses his upcoming gig as host of the Tony Awards, which CBS will broadcast live from the Beacon Theatre on June 12. It includes Corden’s snappy rendition of “Guns & Ships,” a rap from the acclaimed musical Hamilton.

“I’ve had the best time of my professional life, without question, working on Broadway,” Corden — a Tony winner himself for his performance in One Man, Two Guvnors — tells Couric. “There are more talented people in that 15 blocks than I think anywhere else on the planet.”

James CordenAnd, discussing Lin-Manuel Miranda’s Founding Fathers musical, Corden said, “It’s one of a couple of times when I’ve been in a theater where aI felt like my applause is not enough for the gratitude I feel for what you’ve given me. It’s a masterpiece.”

The promotion of Couric’s reporting follows a sharp downsizing in other parts of Yahoo! as chief executive Marissa Mayer strategizes to keep the foundering ship afloat. After announcing last month pending cutbacks to trim the staff by 15 percent, Mayer and Global Editor In Chief (and former Time Inc. topper) Martha Nelson dropped the axe yesterday on 15 digital publications distributed under the Yahoo banner on subjects including food, cars, real estate, travel and technology.

Mayer said that while Yahoo will continue to produce some original content in areas like tech and fashion, coverage of food and autos, where the layoffs were wholesale, will be repurposed from other websites.

Nelson wrote the staff:

“On our recent earnings call, Yahoo outlined out a plan to simplify our business and focus our effort on our four most successful content areas  – News, Sports, Finance and Lifestyle. To that end, today we will begin phasing out the following Digital Magazines:  Yahoo Food, Yahoo Health, Yahoo Parenting, Yahoo Makers, Yahoo Travel, Yahoo Autos and Yahoo Real Estate.

As we make these changes, we acknowledge the talent and dedication of an extraordinary group of journalists who brought new and newsworthy content to Yahoo. While these Digital Magazines will no longer be published, you will continue to find the topics they covered, as well as style, celebrity, entertainment, politics, tech and much more across our network.

We know you come to Yahoo because of our distinct voice and unique blend of original content, aggregation and personalization. With a renewed focus on News, Sports, Finance and Lifestyle, we will be working to make Yahoo an even more essential part of your life.”