Google has yet to acknowledge the issue, but we hope that — just like last time — Google addresses this bug in a timely manner. Affected Pixel users currently find themselves in a state of uncertainty, discussing potential solutions and holding onto the optimism that Google will be able to resolve this persistent issue.
If you have yet to apply to January 2024 Google Play system update, maybe hold off for now, at least until Google rolls out a bug fix. Although this issue seems to only affect Pixel phones that use multiple profiles, it would be wise to exercise caution and avoid the update altogether until we know the issue is at least being worked on.