Anyone else on PS5 having huge visual/VFX bugs since the update?

Is anyone else on PS5 getting hit with massive visual rendering issues after the Iceblade of Narin update?

My enemy and ally highlights completely disappear or stop working entirely. On top of that, Corpus nullifier bubbles are literally invisible so you have zero clue they exist until your abilities get cancelled.

It makes Sanctum and 1999 Atomica missions completely unplayable. The glyphs for mirror defense do not render at all, you only see a faint glow/aura where they should be so collecting them is pure guesswork. The worst part is the Descendia missions because the gate rings are completely invisible. Running it solo is an immediate fail every single time because you literally cannot see where the rings are and where to go.

Is this happening to anyone else on console or PC, and is there any temporary fix or graphics toggle in the settings that stops this from happening? It’s completely bricking my solo runs T.T