If you drag a folder of pictures into Photos, then you see a page of potential imports for selection, and at the top

you can check to Keep Folders. Then folders of pictures will become what in Photos are called Albums, and albums will be in folders.
To work as it should, Photos imports pictures to its Photos Library where it can scan them and keep track of their thumbnails and stuff. So after you Import the pictures to Photos, you can send those Folders of jpgs to an external drive for archiving, and you can remove those from the Mac's drive. All the pictures are in the Photos Library. And Photos is a non-destructive editor. If you edit or crop a picture, maybe cutting off the sides or intensifying the color, the original file is never touched. Instead, your edits are stored in the Photos Database.
At that point you stop thinking of pictures as Files, and you think of them as Images. Photos is not a File Manager, it's an Image Manager. This is is the source of the great power of Photos. A File Management system like Finder relies on filenames, file created dates, file modified dates, file extensions, and so on. In Finder you can sort files in folders using those file attributes, for instance, but not by content, since the content of a spreadsheet file is so different from an image file.
None of that is useful in Image Management. Pictures have similar content, and so their management depends on Capture Dates, Titles, Captions, Faces, Keywords, Objects, Locations, text, and things that are parts of pictures but that aren't in files at all-- and there are lots of organizing options in Photos using those image attributes. Since pictures aren't necessarily in files, then sorting pictures by file date or file name doesn't make sense. Sorting by title or capture date, for instance, makes more sense, but that's not available in a File Management System.
At first, using Photos instead of Finder may seem a bit puzzling if you expect it to work like Finder or Explorer, but we can help.