Three terminal servers all with the same error today, all using Microsoft Office 365 and Server 2016:
“The required file react-native-win32.dll cannot be found in your path. Install Microsoft Outlook again.”

“Microsoft Outlook has stopped working”
“A problem caused the program to stop working correctly. Please close the program.”

A quick repair, a full repair, even uninstalling, rebooting and installing again didn’t fix the issue. On one server I uninstalled all of the recent security patches and rebooted, but no change.
I rolled it back to 5th December 2024 using the command below and it seems to be stable again:
cd %programfiles%\Common Files\Microsoft Shared\ClickToRun
officec2rclient.exe /update user updatetoversion=16.0.18227.20152