Update job-scheduler.md

website/docs/docs/dbt-versions/release-notes/79-July-2023/faster-run.md

@@ -29,6 +29,12 @@ Our enhanced scheduler offers more durability and empowers users to run jobs eff
 
 This means Enterprise, multi-tenant accounts can now enjoy the advantages of unlimited job concurrency. Previously limited to a fixed number of run slots, Enterprise accounts now have the freedom to operate without constraints. Single-tenant support will be coming soon. Team plan customers will continue to have only 2 run slots. 
 
-Something to note, each running job occupies a run slot for its duration, and if all slots are occupied, jobs will queue accordingly. 
+Something to note, each running job occupies a run slot for its duration, and if all slots are occupied, jobs will queue accordingly.
 
 For more feature details, refer to the [dbt Cloud pricing page](https://www.getdbt.com/pricing/).
+
+- **Update December 2023: New Team plans with unlimited job concurrency**<br />
+  We've introduced a change to our dbt Cloud Scheduler for newly created Team plan accounts:<br /><br />
+    - Unlimited Job concurrency for new Team plans &mdash; New accounts on the Team plan now benefit from unlimited job concurrency.
+      - Existing Team plans &mdash; Existing Team plan accounts will continue to operate with their original fixed number of run slots.
+      - Project limitations &mdash; Both Team and Developer plans are limited to one project each. For larger-scale needs, our [Enterprise plan](https://www.getdbt.com/pricing/) provides unlimited job concurrency and project capacity. 

website/docs/docs/deploy/job-scheduler.md

@@ -31,7 +31,7 @@ Familiarize yourself with these useful terms to help you understand how the job
 | Over-scheduled job | A situation when a cron-scheduled job's run duration becomes longer than the frequency of the job’s schedule, resulting in a job queue that will grow faster than the scheduler can process the job’s runs. |
 | Prep time | The time dbt Cloud takes to create a short-lived environment to execute the job commands in the user's cloud data platform. Prep time varies most significantly at the top of the hour when the dbt Cloud Scheduler experiences a lot of run traffic. |
 | Run | A single, unique execution of a dbt job. |
-| Run slot | Run slots control the number of jobs that can run concurrently. Developer and Team plan accounts have a fixed number of run slots, and Enterprise users have [unlimited run slots](/docs/dbt-versions/release-notes/July-2023/faster-run#unlimited-job-concurrency-for-enterprise-accounts). Each running job occupies a run slot for the duration of the run. If you need more jobs to execute in parallel, consider the [Enterprise plan](https://www.getdbt.com/pricing/) |
+| Run slot | Run slots control the number of jobs that can run concurrently. Developer plan has a fixed number of run slots, while Enterprise and Team users have [unlimited run slots](/docs/dbt-versions/release-notes/July-2023/faster-run#unlimited-job-concurrency-for-enterprise-accounts). Each running job occupies a run slot for the duration of the run. <br /><br />Team and Developer plans include only one project each. For additional projects, consider upgrading to the [Enterprise plan](https://www.getdbt.com/pricing/).|
 | Threads | When dbt builds a project's DAG, it tries to parallelize the execution by using threads. The [thread](/docs/running-a-dbt-project/using-threads) count is the maximum number of paths through the DAG that dbt can work on simultaneously. The default thread count in a job is 4. |
 | Wait time | Amount of time that dbt Cloud waits before running a job, either because there are no available slots or because a previous run of the same job is still in progress. |