Various sound channels stop working like they did at the Edge of Fate launch with the latest October 7th update. I'm playing on the PS5 Pro.
While playing Hardware, my Mods Multi-Tool stopped playing in a match and didn't return until I restarted the game, but then other weapon sounds stopped for all guardians, and the Shaxx dialogue intermittently stops as well. The only way I could tell players are getting hit are the death sounds.
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Bungie, here's a video of what happens during matches. https://youtu.be/mCFb-Bv7zwE?si=FsGy5bY1tQQ8K77C