diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2dd5713f5dd..96b74f32f9b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,11 @@ IMPROVEMENTS:
 
 BUG FIXES:
 
+## October 11, 2023
+
+Waypoint Free Community product is no longer actively maintained. For additional information on the new vision of Waypoint, check out [this blog post](https://www.hashicorp.com/blog/a-new-vision-for-hcp-waypoint) and the [HCP Waypoint documentation](https://developer.hashicorp.com/hcp/docs/waypoint).
+
+
 ## 0.11.4 (August 9, 2023)
 
 IMPROVEMENTS:
diff --git a/README.md b/README.md
index eac890b9767..64f9cd2c22e 100644
--- a/README.md
+++ b/README.md
@@ -2,6 +2,10 @@
 
 ----------------------------------------
 
+Waypoint Free Community product is no longer actively maintained. For additional information on the new vision of Waypoint, check out [this blog post](https://www.hashicorp.com/blog/a-new-vision-for-hcp-waypoint) and the [HCP Waypoint documentation](https://developer.hashicorp.com/hcp/docs/waypoint).
+
+----------------------------------------
+
 # Waypoint
 
 * Website: https://www.waypointproject.io