With VMware licensing changes, what are teams actually migrating to — Proxmox, Hyper-V, or staying put?

Virtualization & Virtual InfrastructureVMwareVirtualizationInfrastructure

Our renewal quote jumped significantly this cycle. Evaluating Proxmox and Hyper-V as alternatives for our on-prem virtualization but nervous about migration risk for production workloads. What has the actual migration experience been like for others?