Disneyland getting new 'Avatar experience'

Disney announces new 'Toy Story,' 'Frozen,' 'Zootopia' sequels coming

The Walt Disney Company announced new upcoming sequels for popular series "Toy Story," "Frozen" and "Zootopia" on the same day that the company announced it's laying off 7,000 workers.

ANAHEIM, Calif. - Good news for fans of Avatar!

A new "Avatar experience" is coming to Disneyland, Disney CEO Bob Iger announced during the company's first quarter earnings call Wednesday.

"We'll be sharing details on that very soon," Iger added.

No other information on the "Avatar experience" was immediately released.

Iger confirmed sequels are also in the works for "Toy Story," "Frozen," and "Zootopia."

"We'll have more to share about these productions soon."

Disneyland announces ticket deal for Southern California residents

The deal applies for weekdays in 2023.

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"The Mandalorian" Season 3 will also debut in March, Iger added.

News of the new attraction and movie productions came during the same call in which Iger announced Disney is slashing 7,000 jobs in an effort to cut costs as the company goes through a "restructuring," with streaming continuing to be a focus for the company. He also dismissed the idea that Disney would move to get rid of ESPN, as some have suggested in the past.

Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in the United States. A cut of 7,000 jobs represents about 3% of its global workforce, according to reports.