I think simply it's a wrong shortcut created by vSphere CLI installer.
I changed the 'target' path from
C:\Windows\SysWOW64\cmd.exe /K ""C:\Program Files (x86)\VMware\VMware vSphere CLI\perl\bin" "C:\Program Files (x86)\VMware\VMware vSphere CLI\bin""
to the following:
C:\Windows\SysWOW64\cmd.exe
The next field "C:\Program Files (x86)\VMware\VMware vSphere CLI\" remains unchanged.
Ciao