What's wrong with my Manjaro?

There seems to be a problem with kernel 5.4 on Manjaro: Snaps stopped working after 2020-12-30 update - #11 by philm

https://www.reddit.com/r/ManjaroLinux/comments/knk3lp/latest_kernel_update_broke_snap/

Unfortunately, there is apparently no solution other than using a newer kernel.