For OneDrive, Save A Copy does not default to the folder/path of the original, with MS365 apps)

When I open a document in Word and Save A Copy, the save location is not the folder the document was opened from. Word is choosing a different folder that I have previously saved other documents in.

Normal behavior: Open Acme_v1 from Acme folder > Save A Copy > save dialog opens to Acme folder

What's happening: Open Acme_v1 from Acme folder. > Save A Copy > save dialog opens to a random folder that was saved to previously

This behavior is unique to when accessing and saving files through Onedrive for Mac.  It works fine if retrieving/saving files locally, or if doing the same operation on OneDrive for Windows.

This behavior is a significant issue for us and causing people to avoid saving files to onedrive altogether and to save files locally or use alternative cloud services rather than put up with this nonsense.

I am unable to find any configuration setting to change this behavior.  Ideas?