The performance of Control on consoles is definitely an issue right now, and developer Remedy Entertainment is aware of this.
The original Xbox One and PS4 consoles are dropping into the 10FPS territory, which is just not good at all. Remedy is optimizing the console versions of Control, with a new blog post stating: "Right now, the team are looking at possible ways of improving console optimization in Control, but as you can hopefully understand, these things do take time and don't happen at the press of a button (as much as we wish they did)".
It continues: "We are also examining specific issues that some players have been experiencing and looking for fixes on those. When we have more info, we will be sure to let you know across our community channels".
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