ESXi 6.0 network connectivity is lost with NETDEV WATCHDOG timeouts in the vmkernel.log

YYYY-MM-DDT21:35:34.007Z cpu0:33245)WARNING: LinNet: netdev_watchdog:3678: NETDEV WATCHDOG: vmnic0: transmit timed outYYYY-MM-DDT21:35:34.007Z cpu0:33245)WARNING: at vmkdrivers/src_92/vmklinux_92/vmware/linux_net.c:3707/netdev_watchdog() (inside vmklinux)

Ref : http://kb.vmware.com/selfservice/microsites/search.do?language=en_US&cmd=displayKC&externalId=2124669