diff --git a/neutron_lib/placement/constants.py b/neutron_lib/placement/constants.py
index ad4e7074d..bbf11c605 100644
--- a/neutron_lib/placement/constants.py
+++ b/neutron_lib/placement/constants.py
@@ -16,14 +16,6 @@
 TRAIT_PREFIX_VNIC_TYPE = 'VNIC_TYPE_'
 TRAIT_PREFIX_PHYSNET = 'PHYSNET_'
 
-# TODO(przszc): Remove resource classes constants with next major release of
-# neutron-lib. There were only a few occurrences in neutron source code where
-# those constants were used, and all of them were replaced with
-# os-resource-classes lib.
-# **DEPRECATED** resource classes
-CLASS_NET_BW_EGRESS_KBPS = 'NET_BW_EGR_KILOBIT_PER_SEC'
-CLASS_NET_BW_INGRESS_KBPS = 'NET_BW_IGR_KILOBIT_PER_SEC'
-
 # Optionally reported inventory parameters. Mandatory parameters like 'total'
 # are left out intentionally. See also:
 # https://docs.openstack.org/api-ref/placement
diff --git a/releasenotes/notes/remove-resource-classes-constants-81f01eaed9ac463d.yaml b/releasenotes/notes/remove-resource-classes-constants-81f01eaed9ac463d.yaml
new file mode 100644
index 000000000..f3be1793f
--- /dev/null
+++ b/releasenotes/notes/remove-resource-classes-constants-81f01eaed9ac463d.yaml
@@ -0,0 +1,6 @@
+---
+other:
+  - |
+    From '799676 change <https://review.opendev.org/c/openstack/neutron/+/799676/`>_
+    neutron uses os-resource-classes lib constants. Neutron-lib copy constants
+    ``CLASS_NET_BW_EGRESS_KBPS`` and ``CLASS_NET_BW_INGRESS_KBPS`` are removed