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Recent layoffs show that Disney isn't resting on its laurels.
Disney (DIS -1.34%) recently announced layoffs and the closure of LucasArts, a strange move for a company reaching 52-week highs and recording solid profits. But this shows that CEO Bob Iger isn't allowing the company to rest on its laurels and that he's thinking strategically about what Disney will look like a decade from now. Erin Miller sat down with Fool contributor Travis Hoium to see just why this focus on execution makes Disney a buy today.
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
Erin Miller owns shares of Walt Disney. Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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