Same problem for me. I have used Workstation for years and have never had the issue, so it might be a bug from the last version (16.2.3).
I have multiple VMs running concurrently, and multiple webcams and microphones. So each VM has its own set of audio/video inputs with no interference. It does not matter if only 1 VM is running though.
It happens randomly, out of the blue, and especially if the compute is stressed, as if some USB arbitration was disconnecting for a fraction of second, perhaps just enough to behave as if the USB packets were no longer being processed and therefore appearing as if the cable had been virtually disconnected.
Imagine you are in the middle of a remote presentation before 500 people and your microphone suddenly disappears. Most of the time, manually re-enabling it is all that suffices. But in some cases, a complete shutdown of the host machine is required, which is intolerable.
I have enabled the verbose logs for USB so that VMware inspects the metadata, but they have not found anything yet and they have redirected me to this article. I hope they will identify the root cause of this issue and will fix it quickly and permanently, as it is unacceptable.