Updated December 21, 2021: Microsoft updated the rollout timeline below.
Sensitivity labels allow Teams admins to protect and regulate access to sensitive organizational content created during collaboration within teams. With this update, you will be able to apply sensitivity labels to teams created from templates as well.
This message is associated with Microsoft 365 Roadmap ID 84232.
When this will happen:
We will begin rolling this out in late September and expect to complete rollout by the mid-January (previously end of November).
How this will affect your organization:
End users will now be able to use the sensitivity labels that Admins have created within the tenant when creating a team from a team template.
What you need to do to prepare:
Please share the below links with users so they understand how to create a team from a template with sensitivity labels.