Same issue!
My second screen stopped working (I have less screen space to work on)
My Network USB-dongle stopped working (I now cannot connect to my internet router directly for faster speed)
My network printer does not come online while connecting to my router or directly to the laptop(I cannot print).
What I've tried:
Resetting CMS - did not help.
Apple Diagnostics - did not find any issues.
Trying different ports - did not help.
Trying different dongles and USBc adapters - did not help.
Restarting all devices while connected or disconnected - did not help.
None of the above worked.
I'm so angry and frustrated.
I might roll back to the previous OS because Apple you have messed up my work setup.