Cubase 12.0.60 - Adding / Removing Tracks takes long time

After the update to the newest Cubase release I am experiencing the following issue:

Adding or deleting tracks of any sort (Audio, MIDI, Instrument etc.) takes very long time. Up to 6 seconds. The same goes for removing tracks. While this cubase is frozen.

This happens on both my templates and on empty sessions.

MacOS 13.3.1 (22E261) - Mabook Pro M1 Max.

Since you didn’t mention and I know this will get asked, did you try starting Cubase in Safe Mode with preferences disabled?