VMware ESXi 8.x
This occurs because the speed change requires the host vmnic to be bounced (go down and then up). Since the vmnic being downed is the only available uplink, the host has no failover option, and therefore must "fallback" to the down vmnic. However, the ESX Advanced Setting "TeamPolicyUpDelay" has been configured for a long time frame (1800000 ms / 30 minutes). This instructs the host to wait 30 minutes to fallback to the available uplink.
To prevent this issue during the configuration change, perform one of the following two options:
See Using the TeamPolicyUpDelay setting for details on this advanced setting.