After upgrading to WebLogic 12.2.1.4.0, getting error=206, The filename or extension is too long

After upgrading to WebLogic 12.2.1.4.0, running our previously working ant build.xml file to deploy Java application gives us below mentioned error.

Note: This is being ran on Windows machine using Java 8.

Our relevant ant script portion is below:

<target name="deployUploadWL">
		<wldeploy action="deploy" name="${name}" source="${deployDirEar}"
			upload="true" user="${wl.user}" nostage="false" password="${wl.password}"
			verbose="true" targets="${wl.adminserver.name}" adminurl="t3://${wl.host}:${wl.port}" />

		<copy todir="${staging.dir}">
			<fileset dir="deploy">
				<include name="${ear}" />
			</fileset>
		</copy>
	</target>

error below:

weblogic.Deployer -verbose -upload -noexit -name ApplicationName -source C:\Users\...\ApplicationName\deploy\ApplicationName.ear -targets AdminServer -adminurl t3://[local ip]:7001 -user weblogic -password ******** -deploy 



[wldeploy] C:\Users\....\build.xml:278: java.io.IOException: Cannot run program "C:\Users\....\jre\bin\java.exe" (in directory "C:\Users\...\applicationName"): CreateProcess error=206, The filename or extension is too long
 [wldeploy] 	at org.apache.tools.ant.taskdefs.Java.fork(Java.java:918)
 [wldeploy] 	at org.apache.tools.ant.taskdefs.Java.executeJava(Java.java:228)
 [wldeploy] 	at org.apache.tools.ant.taskdefs.Java.executeJava(Java.java:135)
 [wldeploy] 	at weblogic.ant.taskdefs.management.WLDeploy.executeDeployer(WLDeploy.java:517)
 [wldeploy] 	at weblogic.ant.taskdefs.management.WLDeploy.execute(WLDeploy.java:431)
 [wldeploy] 	at org.apache.tools.ant.UnknownElement.execute(UnknownElement.java:299)
 [wldeploy] 	at sun.reflect.GeneratedMethodAccessor4.invoke(Unknown Source)
 [wldeploy] 	at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43)
 [wldeploy] 	at java.lang.reflect.Method.invoke(Method.java:498)
 [wldeploy] 	at org.apache.tools.ant.dispatch.DispatchUtils.execute(DispatchUtils.java:99)
 [wldeploy] 	at org.apache.tools.ant.Task.perform(Task.java:350)
 [wldeploy] 	at org.apache.tools.ant.Target.execute(Target.java:449)
 [wldeploy] 	at org.apache.tools.ant.Target.performTasks(Target.java:470)
 [wldeploy] 	at org.apache.tools.ant.Project.executeSortedTargets(Project.java:1401)
 [wldeploy] 	at org.apache.tools.ant.helper.SingleCheckExecutor.executeTargets(SingleCheckExecutor.java:36)
 [wldeploy] 	at org.eclipse.ant.internal.launching.remote.EclipseSingleCheckExecutor.executeTargets(EclipseSingleCheckExecutor.java:37)
 [wldeploy] 	at org.apache.tools.ant.Project.executeTargets(Project.java:1264)
 [wldeploy] 	at org.apache.tools.ant.taskdefs.Ant.execute(Ant.java:437)
 [wldeploy] 	at org.apache.tools.ant.taskdefs.CallTarget.execute(CallTarget.java:106)
 [wldeploy] 	at org.apache.tools.ant.UnknownElement.execute(UnknownElement.java:299)
 [wldeploy] 	at sun.reflect.GeneratedMethodAccessor4.invoke(Unknown Source)
 [wldeploy] 	at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43)
 [wldeploy] 	at java.lang.reflect.Method.invoke(Method.java:498)
 [wldeploy] 	at org.apache.tools.ant.dispatch.DispatchUtils.execute(DispatchUtils.java:99)
 [wldeploy] 	at org.apache.tools.ant.Task.perform(Task.java:350)
 [wldeploy] 	at org.apache.tools.ant.Target.execute(Target.java:449)
 [wldeploy] 	at org.apache.tools.ant.Target.performTasks(Target.java:470)
 [wldeploy] 	at org.apache.tools.ant.Project.executeSortedTargets(Project.java:1401)
 [wldeploy] 	at org.apache.tools.ant.Project.executeTarget(Project.java:1374)
 [wldeploy] 	at org.apache.tools.ant.helper.DefaultExecutor.executeTargets(DefaultExecutor.java:41)
 [wldeploy] 	at org.eclipse.ant.internal.launching.remote.EclipseDefaultExecutor.executeTargets(EclipseDefaultExecutor.java:39)
 [wldeploy]