Vmware Support has identified the issue and they said for now to stick to hardware v7 and the vm tools associated with that version in order to avoid this situation.
In summary, if you are using Vmware View 5 on Vsphere, do NOT upgrade your virtual hardware to v8 until this issue has been resolved.
------------UPDATE---------------------------------
If you did upgrade to V8 already, here are the steps provided by VMWare support to roll back to hardware V7.
Downgrading the virtual machine hardware version:
http://kb.vmware.com/kb/1028019
VMware vCenter Converter Standalone 5.0
Document: https://www.vmware.com/pdf/convsa_50_guide.pdf
Download link: https://my.vmware.com/web/vmware/info/slug/infrastructure_operations_management/vmware_vcenter_converter_standalone/5_0
The external link below can be referenced, the outlined steps can be used, but, ensure that you are selecting Virtual Hardware version 7.
- Once the VM has been converted (virtual to virtual aka V2V), please uninstall VMware tools & View Agent
- Power off VM and then power back on
- Install VMware tools first reboot and then View agent
- Power off the VM and then power on.
http://www.techhead.co.uk/vmware-esx-how-to-downgrade-a-vms-vm-versionhw-level-from-7-4-0-to-4-3-x