The Los Angeles Times last Wednesday became the latest Tribune Co. paper to announce job cuts, saying it will cut 250 positions companywide, including 150 in editorial, in a bid to bring expenses in line with declining revenue. The paper said it will also reduce by 15 percent the number of pages it publishes each week.

“Thanks to the Internet, we have more readers for our great journalism than at any time in our history,” said Times Editor Russ Stanton in a memo to the staff. “But also thanks to the Internet, our advertisers have more choices, and we have less money.”

The size of the reductions was based on predictions that the economy would “bottom out and reach equilibrium” early next year, according to Publisher David Hiller. The editorial cuts, which are to be completed by Labor Day, account for about 17 percent of the total reductions and will come from the Times’ print and Web operations. Total cuts will be across all departments including circulation, marketing and advertising.

Companywide employment will stand at about 3,000 after the reductions, Hiller said.

Wednesday’s announcement follows those from the Boston Herald, which plans to cut up to 160 jobs; and the Palm Beach (Fla.) Post, which will cut up to 300 positions, 160 of those from its newsroom.

The Times last layoffs came in February when the publisher cut 100 editorial staffers, including 40 from the newsroom.