Answered
Layer effect on group breaks layer effects inside group
Version 23.0.1
The image below shows a bug where the effects are cut off when placed into a group with a layer effect applied to it...

Version 23.0.1
The image below shows a bug where the effects are cut off when placed into a group with a layer effect applied to it...

Try checking
Photoshop > Preferences > Performance > Legacy Compositing
That solved the issue for me.
Already have an account? Login
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.