Control?s September 2019 update is landing on the PlayStation 4 today. As previously promised by developer Remedy, it directly addresses some of the performance issues. PC and Xbox One players need not worry, as the update will eventually release for those platforms as well, though Remedy has yet to publicly state a date. In addition to performance troubles, the new update also tackles UI and progressions issues.
See the notes below from Remedy?s website for everything the September update for Control addresses:

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