A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
If your version of MacOS is Monterey, then the error you are seeing is caused by an update on the 13th of July, many people are seeing the exact same error (0x0) if you are unable to upgrade your MacOS to a newer compatible version, your Office apps will go into Read Only mode, on the link below the full details on that update are provided.
The last version of Office that will work on MacOS Monterrey is 16.88, that is available on the long table on this link to all the downloadable versions from the Microsoft servers, you will need to uninstall the currently installed Office apps before installing that version of Office.
https://learn.microsoft.com/en-us/officeupdates/update-history-office-for-mac