Watch doesn’t synchronize time correctly after WatchOS 11.0

Hello,

After the recent WatchOS 11.0 update, my Apple Watch Series 7 synchronizes the time incorrectly with my iPhone 15 Pro Max. For example, the Watch says it’s 9:24, but the time on my phone is already 9:36. I took a screenshot showing the time when the watch screenshot was taken (9:36) vs. the time the watch was displaying (9:24)[see below]. Sometimes, the time difference is up to 20/30 minutes. When you tap to wake again, the time resynchronizes, which it’s becoming annoying to do every time.

This is terrible as it is one of a watch’s most basic features: correctly displaying the time.

Please fix ASAP.