Required to transition to OTL Redwood by 24D?

Summary:

There is a webinar on 18th Dec, which says "Customers are required to transition to the Redwood Time Card by the 24D Release."

Content (please ensure you mask any confidential information):

There is an OTL webinar on 18th Dec which says that customers must transition to Redwood by the 24D Release. I haven't seen this news anywhere else, is there any more info on what exactly is proposed? Will obviously be tuning into the webinar...

HCM – Oracle Cloud Time and Labor Transition to Redwood Time Card — Cloud Customer Connect

Version (include the version you are using, if applicable):

23D