In the midst of a deteriorating advertising climate, The New York Times plans to eliminate up to 20 newsroom positions and seek additional savings in the business units, the company said Thursday. [...]

Over the summer The Times Company had anticipated a roughly four percent decrease in advertising revenue in the third quarter, in line with the second quarter. But Ms. Robinson said last month that the company now expected to report a roughly eight percent decline. Notably, online ad revenue is expected to drop about 2 to 3 percent, after rising 2.6 percent in the second quarter.