Recently we were asked if we could hide from the People Picker the Everyone Except External Users for helping avoid scenarios of oversharing of content with the whole company. Has anyone implemented this change (looks its via PowerShell) and or seen any side effects or issues when doing so? Thanks!
SharePoint Online does NOT enforce licensing requirements, everyone in the organization will be able to access pages (depending on the permissions of course). You can remove the "everyone except external users" claim by running the following PowerShell cmdlet: