"I believed every word I read in Page Six," Chen said. "There were contradicting sides and I believed that all of it was true. There's a little bit of truth to everything. Someone said, 'Oh she calls the control room and we take her notes seriously.' I was like, she calls the control room. I don't know if you take her notes that seriously. You probably make her feel like you're taking it that seriously, but she doesn't feel that way."
Chen added that if Walters is, in fact, upset by the way the ABC talk show is being run, it would make sense.
See photos of Julie Chen through the years:
Julie Chen through the years
Julie Chen through the years
NEW YORK, NY - SEPTEMBER 06: Julie Chen attends the AOL Build Speaker Series to discuss 'The Talk' at AOL HQ on September 6, 2016 in New York City. (Photo by Mike Pont/WireImage)
LOS ANGELES - AUGUST 26: The 7 Wonders of THE TALK! Season 7 premieres with shocking reveals, behind the scenes secrets, surprising reunions and more. Monday, Sept. 12, 2:00 PM ET/1:00 PM, PT/CT on the CBS Television Network. Julie Chen, shown (Photo by Robert Ascroft/CBS via Getty Images)
WEST HOLLYWOOD, CA - JUNE 02: Julie Chen attends the 4th annual CBS Television Studios Summer Soiree at Palihouse on June 2, 2016 in West Hollywood, California. (Photo by Jason LaVeris/FilmMagic)
NEW YORK, NY - MAY 18: Julie Chen attends 2016 CBS Upfront at The Plaza on May 18, 2016 in New York City. (Photo by Matthew Eisman/Getty Images)
LOS ANGELES, CA - MAY 01: (L-R) TV personalities Sheryl Underwood, Sara Gilbert, Sharon Osbourne, Aisha Tyler, and Julie Chen walk the red carpet at the 43rd Annual Daytime Emmy Awards at the Westin Bonaventure Hotel on May 1, 2016 in Los Angeles, California. (Photo by Matt Winkelmeyer/Getty Images for NATAS)
LOS ANGELES, CA - FEBRUARY 25: TV host Julie Chen attends the naming of the Julie Chen/Leslie Moonves and CBS Media Center at The Wallis Annenberg Hall At The University Of Southern California on February 25, 2015 in Los Angeles, California. (Photo by Alberto E. Rodriguez/Getty Images)
BEVERLY HILLS, CA - FEBRUARY 22: (EXCLUSIVE ACCESS, SPECIAL RATES APPLY) Julie Chen attends the 2015 Vanity Fair Oscar Party hosted by Graydon Carter at the Wallis Annenberg Center for the Performing Arts on February 22, 2015 in Beverly Hills, California. (Photo by Kevin Mazur/VF15/WireImage)
BEVERLY HILLS, CA - FEBRUARY 22: CBS Corporation CEO Leslie Moonves (L) and wife TV personality Julie Chen attend the 2015 Vanity Fair Oscar Party hosted by Graydon Carter at the Wallis Annenberg Center for the Performing Arts on February 22, 2015 in Beverly Hills, California. (Photo by David Livingston/Getty Images)
LOS ANGELES - FEBRUARY 11: Oscar-nominated actress Taraji P. Henson visits the ladies of 'The Talk,' Wednesday, February 11, 2015 on the CBS Television Network. From left, Sara Gilbert, Sheryl Underwood, Taraji P. Henson, Julie Chen, Sharon Osbourne and Aisha Tyler, shown. (Photo by Lisette M. Azar/CBS via Getty Images)
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"I do think that Barbara Walters is probably like, 'This amazing show I created is now just kind of withering away with a revolving door of hosts that people can't keep straight,'" Chen said. "I mean, I should know all of the names of the hosts and I don't 'cause it changes so often."
Chen has been a moderator and co-host for The Talk since its inception in 2010, as have fellow co-hosts Sara Gilbert and Sharon Osbourne. Aisha Tyler and Sheryl Underwood joined the show in its second season.
Candace Cameron Bure was the most recent View co-host to announce her departure from the show after appearing on two seasons.
"It wasn't an easy decision, but before I started The View, I already had my commitments to Fuller House and my work with the Hallmark Channel and Hallmark Movies," Bure explained last week. "Because of the success of those shows, my commitments have become even greater with those shows, and the commute going West Coast to East Coast has been tough on me and my family."