Using older versions of Outlook for Mac for personal email and calendar
Dear RandallPacker,
Good day! Thank you for your reply. After thorough research and consulting, it has been determined that there is currently no way to stop Outlook 365 on Mac from launching the New Version, this is by design as the new outlook is being rolled out to all Microsoft users. The only possible workaround is to remove/stop Microsoft Auto Update from MacOS by going /Library/Application Support/Microsoft/ or just wait after restarting and switch back to legacy outlook as shown in The new Outlook for Mac - Microsoft Support.
We apologize if we are not able to meet your requirements; however, thank you for bringing this to our attention, we will surely raise your concerns to our Product Team and hopefully this can be considered in the future updates.
Moreover, I would like to invite community members and MVPs in the forum to share their knowledge and insight on this topic. In the meantime, you may create an entry as a feature suggestion in the Feedback Portal at Outlook · Community (microsoft.com), Other users may vote it and make it more visible to the service team so that it may be considered for future upgrades.
For other concerns, please do not hesitate to add you post in the Microsoft Community Team.
Thank you for your cooperation and understanding.
Sincerely,
De Paul | Microsoft Community Moderator