The New York Times plans to cut 250 jobs and shrink the size of its pages in 2008, making them 3.8 centimetres narrower, the newspaper reported in yesterday's edition. The newspaper's plans include closing a printing plant in Edison, N.J.The moves were estimated to save the company $42 million per year. The reduction in the size of its pages would mean a loss of 11 per cent of the space devoted to news, but the newspaper plans to add pages to make up for about half of that loss.