Just a few weeks ago I heard a news that from January 2024, FIDE Ratings are going to start from 1400. That seems like a good news for me. Players below 2000 will only be affected by this rule. The rating change formula is :
(0.4) x (2000 - current rating) = New FIDE Rating
Read more on this link :
www.fide.com/news/2538
(0.4) x (2000 - current rating) = New FIDE Rating
Read more on this link :
www.fide.com/news/2538