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@ISDPCMAN2 wrote:

 Hyper-V is not installed on my Windows 11 Pro machine (I checked features and it's unchecked).

 

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Just because Hyper-V features are not installed does not mean that Windows is not using it. For example, Memory Integrity settings and Virtualization Based Security use Hyper-V functions in their work, and do not require that you install the Hyper-V feature.

If you look in the vmware.log file that's being generated in the folder that contains all of the files in the VM, look for a line that starts with Monitor mode. If that's set to ULM, Workstation is still using Hyper-V. 

You may wish to take the next step and completely disable anything using Hyper-V such as Memory Integrity and then issue that bcdedit command to excise Hyper-V from your Windows. If you then start the VM, check the vmware.log file once again and you should see that the monitor mode is set to CPL0 - indicating that the VMware hypervisor is running your VM, not Hyper-V.