We are looking into the possibility of creating a group similar to the site-admins group, with all the existing access of the site-admins group - excluding user management access.
Is this possible?
Not possible. You can only create a Jira-administrator level access group with a different name. Site-admins and Org-admins are system groups that you can't copy its privilege but can assign to users. However, I don't think that feature will be changing at all given that it's the only mechanism that allows for complete control of the cloud site.
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