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European press review by Michel Philippot

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I was prepared to explain my choice of photographs this week. But the news I heard on the radio cut me short: a large international company is going to eliminate 5,490 jobs across the world, including 1,430 in France. In response to this news, the company's stock value rose by 6.5 percent. While this is nothing new, the cynicism of these people disgusted me, and right after on the radio came the announcement that the print edition of Newsweek will cease to exist on December 31, 2012. This is Black Thursday. So many of us photographers worked for this prestigious magazine, whose commissions put food on our tables, and highlighted our profession in all its glory. The offices of the 6.5 percent people and the decision-makers who thought Newsweek was no longer profitable must not be very far apart. They're predators.

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