diff --git a/projects/packages/videopress/changelog/update-position-placement-prop b/projects/packages/videopress/changelog/update-position-placement-prop
new file mode 100644
index 0000000000000..3d6f61f125877
--- /dev/null
+++ b/projects/packages/videopress/changelog/update-position-placement-prop
@@ -0,0 +1,4 @@
+Significance: patch
+Type: changed
+
+General: update deprecated core prop
diff --git a/projects/packages/videopress/src/client/admin/components/video-details-actions/index.tsx b/projects/packages/videopress/src/client/admin/components/video-details-actions/index.tsx
index d759358c87792..edbd5287e5c87 100644
--- a/projects/packages/videopress/src/client/admin/components/video-details-actions/index.tsx
+++ b/projects/packages/videopress/src/client/admin/components/video-details-actions/index.tsx
@@ -45,7 +45,7 @@ const VideoDetailsActions = ( {
 	return (
 		<>
 			<Dropdown
-				position="bottom center"
+				placement="bottom center"
 				className={ styles.dropdown }
 				renderToggle={ ( { isOpen, onToggle } ) => (
 					<Button
diff --git a/projects/packages/videopress/src/client/admin/components/video-quick-actions/index.tsx b/projects/packages/videopress/src/client/admin/components/video-quick-actions/index.tsx
index 90ba22b8b6553..fee2e66b67219 100644
--- a/projects/packages/videopress/src/client/admin/components/video-quick-actions/index.tsx
+++ b/projects/packages/videopress/src/client/admin/components/video-quick-actions/index.tsx
@@ -121,7 +121,7 @@ const ThumbnailActionsDropdown = ( {
 
 	return (
 		<Dropdown
-			position="bottom left"
+			placement="bottom left"
 			renderToggle={ ( { isOpen, onToggle } ) => (
 				<div ref={ setAnchor }>
 					<Button
@@ -187,7 +187,7 @@ const PrivacyActionsDropdown = ( {
 
 	return (
 		<Dropdown
-			position="bottom left"
+			placement="bottom left"
 			renderToggle={ ( { isOpen, onToggle } ) => (
 				<div ref={ setAnchor }>
 					<Button
diff --git a/projects/packages/videopress/src/client/admin/components/video-thumbnail/index.tsx b/projects/packages/videopress/src/client/admin/components/video-thumbnail/index.tsx
index 78cfb6942c832..ff4470a761c51 100644
--- a/projects/packages/videopress/src/client/admin/components/video-thumbnail/index.tsx
+++ b/projects/packages/videopress/src/client/admin/components/video-thumbnail/index.tsx
@@ -85,7 +85,7 @@ export const VideoThumbnailDropdown = ( {
 	return (
 		<div className={ styles[ 'video-thumbnail-edit' ] }>
 			<Dropdown
-				position="bottom left"
+				placement="bottom left"
 				renderToggle={ ( { isOpen, onToggle } ) => (
 					<Button
 						variant="secondary"
diff --git a/projects/packages/videopress/src/client/block-editor/blocks/video/components/poster-panel/index.tsx b/projects/packages/videopress/src/client/block-editor/blocks/video/components/poster-panel/index.tsx
index 67cb046b573b7..6631286ceed4f 100644
--- a/projects/packages/videopress/src/client/block-editor/blocks/video/components/poster-panel/index.tsx
+++ b/projects/packages/videopress/src/client/block-editor/blocks/video/components/poster-panel/index.tsx
@@ -62,7 +62,7 @@ export function PosterDropdown( {
 	return (
 		<Dropdown
 			contentClassName="poster-panel__dropdown"
-			position="top left"
+			placement="top left"
 			renderToggle={ ( { isOpen, onToggle } ) => (
 				<Button
 					ref={ buttonRef }
diff --git a/projects/plugins/jetpack/changelog/update-position-placement-prop b/projects/plugins/jetpack/changelog/update-position-placement-prop
new file mode 100644
index 0000000000000..eb362e4257235
--- /dev/null
+++ b/projects/plugins/jetpack/changelog/update-position-placement-prop
@@ -0,0 +1,4 @@
+Significance: patch
+Type: other
+
+Blocks: update deprecated component prop.
diff --git a/projects/plugins/jetpack/extensions/blocks/subscriptions/settings.js b/projects/plugins/jetpack/extensions/blocks/subscriptions/settings.js
index d489998a5e4c8..436899e9c6ebf 100644
--- a/projects/plugins/jetpack/extensions/blocks/subscriptions/settings.js
+++ b/projects/plugins/jetpack/extensions/blocks/subscriptions/settings.js
@@ -135,7 +135,7 @@ export function NewsletterAccess( { accessLevel, setPostMeta, withModal = true }
 										focusOnMount
 										renderToggle={ ( { isOpen, onToggle } ) => (
 											<Button
-												isTertiary
+												variant="tertiary"
 												onClick={ onToggle }
 												aria-expanded={ isOpen }
 												aria-label={ sprintf(