Folders in v12300

Hello, do these folders as described below, do they only follow the particular user who creates them under only their own login, or if when users create folders, is it going to impact what everyone sees when they log in?

Folders
We have introduced - Folders in Password Manager Pro, which allows the users to organize the resource accounts stored in Password Manager Pro under various custom folders. The 'Folders' option is available for the Resources and Connections tabs. Administrators can enable or disable the Folders' option from 'Admin >> Settings >> General Settings >> Miscellaneous'. This system of organizing the accounts based on personal preferences will allow users to manage them effortlessly.