Hi,
Is this happening to one user or multiple users?
Please check the below,
1.Launch outlook in safe mode to check if the issue is with add-ins (If safe mode works, try disabling add-ins one by one to narrow down to the problematic one)
2.If mailbox size is huge and if outlook is configured in online mode
3.Multiple shared mailboxes are configured or added to the profile
https://support.microsoft.com/en-us/topic/how-to-troubleshoot-performance-issues-in-outlook-7ac5402d-c4eb-ed6b-9545-b26dde618755
https://www.webnots.com/fix-microsoft-outlook-slow-loading-issue/
If the above suggestion helps, please click on "Accept Answer" and upvote it