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Amazon CEO Andy Jassy said the company had decided to "be more streamlined in our costs and headcount" because of the "uncertain economy."
Splash Mountain will be replaced with a ride about "The Princess and the Frog," called Tiana's Bayou Adventure.
The new timepiece is expected to be available later this year.
A Healthcare Staffing Agency Required Employees to Stay at the Company For 3 Years or Pay Back Wages, Department of Labor Says in New Lawsuit
One employee said he was asked to pay back more than he ever made at the company.
Elon Musk Denied Meeting with Federal Trade Commission Chair Until Twitter 'Fully' Complies With FTC Requests
The FTC said Twitter has delayed producing documents and depositions.