It's a strange one for sure. I haven't gone googling as I don't have the time to go messing about now. I only installed the game earlier.I've had the same problem all along. 7900X and 3080. On latest driver + patches, I'm now getting 60-70fps which means the game is now playable (it wasn't at first, I was getting about 40 fps). Same issue as you though, lower settings don't help, in fact it makes it even worse in terms of FPS... not managed to find a solution, and I've tried everything I could think of plus what I've read on here and Reddit... it's strange for sure. Especially as not everyone is getting this issue, although I've found a few others on Reddit who have messaged me saying they have the same problem.
Currently in game right now between 50 and 67fps , GPU utilisation is 99% and CPU utilisation is 3%.
Temps are all below 40c as it's fully custom water cooled.
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