diff --git a/.changes/2.7.0.md b/.changes/2.7.0.md
index 6a2c2455..87931b05 100644
--- a/.changes/2.7.0.md
+++ b/.changes/2.7.0.md
@@ -38,3 +38,4 @@ DEPENDENCIES:
 ## Community Contributors :raised_hands:
 
 - @domino-sbr1 made their contribution in https://github.com/hashicorp/hcp-terraform-operator/pull/491
+
diff --git a/.changes/2.7.1.md b/.changes/2.7.1.md
index 08faa49b..68e1fc64 100644
--- a/.changes/2.7.1.md
+++ b/.changes/2.7.1.md
@@ -32,3 +32,4 @@ DEPENDENCIES:
 
 - @baptman21 made their contribution in https://github.com/hashicorp/hcp-terraform-operator/pull/495
 - @mlflr made their contribution in https://github.com/hashicorp/hcp-terraform-operator/pull/522
+
diff --git a/.changes/2.8.0.md b/.changes/2.8.0.md
new file mode 100644
index 00000000..69e9b52f
--- /dev/null
+++ b/.changes/2.8.0.md
@@ -0,0 +1,14 @@
+## 2.8.0 (February 10, 2025)
+
+NOTES:
+
+* The `Workspace` CRD has been changed. Please follow the Helm chart instructions on how to upgrade it. [[GH-497](https://github.com/hashicorp/hcp-terraform-operator/pull/497)]
+
+ENHANCEMENTS:
+
+* `Workspace`: Add the ability to attach variable sets to a workspace via a new optional field `spec.variableSets`. [[GH-497](https://github.com/hashicorp/hcp-terraform-operator/pull/497)]
+
+DEPENDENCIES:
+
+* Bump `github.com/hashicorp/go-slug` from 0.16.1 to 0.16.3. [[GH-549](https://github.com/hashicorp/hcp-terraform-operator/pull/549)]
+
diff --git a/.changes/unreleased/DEPENDENCIES-549-20250123-105556.yaml b/.changes/unreleased/DEPENDENCIES-549-20250123-105556.yaml
deleted file mode 100644
index 99ae17ed..00000000
--- a/.changes/unreleased/DEPENDENCIES-549-20250123-105556.yaml
+++ /dev/null
@@ -1,5 +0,0 @@
-kind: DEPENDENCIES
-body: Bump `github.com/hashicorp/go-slug` from 0.16.1 to 0.16.3.
-time: 2025-01-23T10:55:56.52637+01:00
-custom:
-    PR: "549"
diff --git a/.changes/unreleased/ENHANCEMENTS-497-20250210-095711.yaml b/.changes/unreleased/ENHANCEMENTS-497-20250210-095711.yaml
deleted file mode 100644
index 01c3206a..00000000
--- a/.changes/unreleased/ENHANCEMENTS-497-20250210-095711.yaml
+++ /dev/null
@@ -1,5 +0,0 @@
-kind: ENHANCEMENTS
-body: Add the ability to attach variable sets to a workspace via a new optional field `spec.variableSets`.
-time: 2025-02-10T09:57:11.532623-05:00
-custom:
-    PR: "497"
diff --git a/.changes/unreleased/NOTES-497-20250210-095741.yaml b/.changes/unreleased/NOTES-497-20250210-095741.yaml
deleted file mode 100644
index 1a6e3803..00000000
--- a/.changes/unreleased/NOTES-497-20250210-095741.yaml
+++ /dev/null
@@ -1,5 +0,0 @@
-kind: NOTES
-body: The Workspace CRD has been changed. Please follow the Helm chart instructions on how to upgrade it.
-time: 2025-02-10T09:57:41.895061-05:00
-custom:
-    PR: "497"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index b1dc3e9e..9e85ae68 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,17 @@
+## 2.8.0 (February 10, 2025)
+
+NOTES:
+
+* The `Workspace` CRD has been changed. Please follow the Helm chart instructions on how to upgrade it. [[GH-497](https://github.com/hashicorp/hcp-terraform-operator/pull/497)]
+
+ENHANCEMENTS:
+
+* `Workspace`: Add the ability to attach variable sets to a workspace via a new optional field `spec.variableSets`. [[GH-497](https://github.com/hashicorp/hcp-terraform-operator/pull/497)]
+
+DEPENDENCIES:
+
+* Bump `github.com/hashicorp/go-slug` from 0.16.1 to 0.16.3. [[GH-549](https://github.com/hashicorp/hcp-terraform-operator/pull/549)]
+
 ## 2.7.1 (December 04, 2024)
 
 BREAKING CHANGES:
diff --git a/README.md b/README.md
index 7632aad7..041ff3ff 100644
--- a/README.md
+++ b/README.md
@@ -44,7 +44,7 @@ Three simple commands to install the Operator:
 ```console
 $ helm repo add hashicorp https://helm.releases.hashicorp.com
 $ helm repo update
-$ helm install demo hashicorp/hcp-terraform-operator --wait --version 2.7.1
+$ helm install demo hashicorp/hcp-terraform-operator --wait --version 2.8.0
 ```
 
 More detailed information about the installation and available values can be found [here](./charts/hcp-terraform-operator/README.md).
diff --git a/charts/hcp-terraform-operator/Chart.yaml b/charts/hcp-terraform-operator/Chart.yaml
index d15ae752..51a0bdb0 100644
--- a/charts/hcp-terraform-operator/Chart.yaml
+++ b/charts/hcp-terraform-operator/Chart.yaml
@@ -5,5 +5,5 @@ apiVersion: v2
 name: hcp-terraform-operator
 description: Official Helm chart for HCP Terraform Operator for Kubernetes.
 type: application
-version: "2.7.1"
-appVersion: "2.7.1"
+version: "2.8.0"
+appVersion: "2.8.0"
diff --git a/charts/hcp-terraform-operator/README.md b/charts/hcp-terraform-operator/README.md
index 4d1c573a..d919a0fb 100644
--- a/charts/hcp-terraform-operator/README.md
+++ b/charts/hcp-terraform-operator/README.md
@@ -25,7 +25,7 @@ Use the option `--version VERSION` with `helm install` and `helm upgrade` comman
 
     ```console
     $ helm install demo hashicorp/hcp-terraform-operator \
-      --version 2.7.1 \
+      --version 2.8.0 \
       --namespace tfc-operator-system \
       --create-namespace
     ```
@@ -36,7 +36,7 @@ Below are examples of the Operator installation/upgrade Helm chart with options.
 
 ```console
 $ helm install demo hashicorp/hcp-terraform-operator \
-  --version 2.7.1 \
+  --version 2.8.0 \
   --namespace tfc-operator-system \
   --create-namespace \
   --set operator.syncPeriod=10m \
@@ -55,7 +55,7 @@ If targeting a Terraform Enterprise instance rather than HCP Terraform, set the
 
 ```console
 $ helm install demo hashicorp/hcp-terraform-operator \
-  --version 2.7.1 \
+  --version 2.8.0 \
   --set operator.tfeAddress="https://tfe-api.my-company.com"
 ```
 
@@ -67,7 +67,7 @@ For more information, please refer to the [FAQ](./../../docs/faq.md#general-ques
 
 ```console
 $ helm upgrade demo hashicorp/hcp-terraform-operator \
-  --version 2.7.1 \
+  --version 2.8.0 \
   --namespace hcp-terraform-operator-system \
   --set operator.syncPeriod=5m \
   --set controllers.agentPool.workers=5 \
diff --git a/version/VERSION b/version/VERSION
index 860487ca..834f2629 100644
--- a/version/VERSION
+++ b/version/VERSION
@@ -1 +1 @@
-2.7.1
+2.8.0