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There have not been any recent changes to the process for updating Budgets by Location in QuickBooks Online, Lauhanwee.
May I ask if you've created a Subdivided Budget and are trying to update its location on the Budget page? If so, I recommend clearing your browser's cache so the system can start fresh. Also, ensure you're using a supported browser to avoid compatibility issues.
Once done, update your Budgets by Location again to see if the issue persists:
Also, you can assign classes to your budget to represent meaningful segments in your company, see this article: Set budget targets for each class in QuickBooks Online.
If you're referring to a different Budget by Location, please let us know so we can further assist you.