Apex Legends Not Properly Recording Ranked Progress

Several Apex Legends players are reporting that their progress in ranked matches isn't being saved. A recent thread on Reddit spells it all out in the title:

"I was playing ranked today and got to gold 4, I turned off my console and came back on and it said I was silver 2 again. But then I played one more game and it brought me up to silver 1 and still shows silver 2 on the side. Joining another match says im silver 2 again. WTF?"

Other players responding to the initial poster offer similar stories and condolences about their ranked progress not being applied:

"Happened to me today. Also on ps4."
"Same thing happening here I got to gold IV and it rested me back to silver 1"
"Same issue with me. I lost 5 total rank levels. I don't even wanna play anymore bc what's the point?"

Fortunately, it looks like the dev team is aware and is on the job. That confirmation comes via the EA Answers forum, where a community manager said that they "have sent this up for investigations to our teams."

There's no indication of when the error will be fixed, or even any kind of official acknowledgement on social media. In the meantime, we might suggest staying out of ranked play.