Ubuntu – The Eclipse executable launcher was unable to locate its companion shared library

Upgraded from 14.04 LTS to 16.04 LTS but my Eclipse is not getting launched from the launcher on the side vertical bar.
Giving me this error:
The Eclipse executable launcher was unable to locate its companion shared library.

Reinstalling is not fixing the issue.

Was referring to this thread but it seems there is not some easy way to get the launcher(the correct version of launcher) to get this issue fixed.

Moreover if i follow this link also why the same launcher is able to invoke eclipse when we do this from command line Vs ICON?

I am having Oracle JDK8 and using the installer to install Eclipse for Java EE Developers.

This is how my eclipse install directory looks like

root@ashu-700-430qe:/opt/eclipse/jee-mars/eclipse# ls -lrt
total 236
-rwxr-xr-x  1 root root 140566 Feb 12 16:55 icon.xpm
-rwxr-xr-x  1 root root  79058 Feb 12 16:55 eclipse
drwxr-xr-x  2 root root   4096 May 29 11:44 readme
drwxr-xr-x  2 root root   4096 May 29 11:44 dropins
-rw-r--r--  1 root root    798 May 29 11:44 eclipse.ini
drwxr-xr-x 11 root root   4096 May 29 12:37 configuration

This is how my eclipse.ini looks like for the launcher

-startup
../../../../root/.p2/pool/plugins/org.eclipse.equinox.launcher_1.3.100.v20150511-1540.jar
--launcher.library
../../../../root/.p2/pool/plugins/org.eclipse.equinox.launcher.gtk.linux.x86_64_1.1.300.v20150602-1417
-product
org.eclipse.epp.package.jee.product
--launcher.defaultAction
openFile
-showsplash
org.eclipse.platform
--launcher.XXMaxPermSize
256m
--launcher.defaultAction
openFile
--launcher.appendVmargs
-install
/opt/eclipse/jee-mars/eclipse
-vm
/usr/lib/jvm/java-8-oracle/jre/bin
-vmargs
-Dosgi.requiredJavaVersion=1.7
-XX:MaxPermSize=256m
-Xms256m
-Xmx1024m
-Declipse.p2.max.threads=10
-Doomph.update.url=http://download.eclipse.org/oomph/updates/milestone/latest
-Doomph.redirection.index.redirection=index:/->http://git.eclipse.org/c/oomph/org.eclipse.oomph.git/plain/setups/

and this is how the eclipse.desktop looks like

[Desktop Entry]
Name=Eclipse
Type=Application
Exec=/opt/eclipse/jee-mars/eclipse/eclipse
Terminal=false
Icon=/opt/eclipse/jee-mars/eclipse/icon.xpm
Comment=Integrated Development Environment
NoDisplay=false
Categories=Development;IDE;
Name[en]=Eclipse
X-Desktop-File-Install-Version=0.22

Please help.