How Event-Based Retention Works for Office 365

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MVP

Office 365 classification labels dictate how workloads like SharePoint and Exchange retain content. Now you can control retention based on events like a contract completing or an employee leaving the business. Events start the retention clock and it’s a way to make sure that you keep material needed for the business for a predetermined interval after the event occurs.
https://www.petri.com/office-365-event-based-retention

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Good stuff, thanks!