diff --git a/src/vs/code/electron-main/app.ts b/src/vs/code/electron-main/app.ts
index e855325520e..da8f7223969 100644
--- a/src/vs/code/electron-main/app.ts
+++ b/src/vs/code/electron-main/app.ts
@@ -71,7 +71,7 @@ import { withNullAsUndefined } from 'vs/base/common/types';
 import { mnemonicButtonLabel, getPathLabel } from 'vs/base/common/labels';
 import { WebviewMainService } from 'vs/platform/webview/electron-main/webviewMainService';
 import { IWebviewManagerService } from 'vs/platform/webview/common/webviewManagerService';
-import { IFileService } from 'vs/platform/files/common/files';
+import { FileOperationError, FileOperationResult, IFileService } from 'vs/platform/files/common/files';
 import { stripComments } from 'vs/base/common/json';
 import { generateUuid } from 'vs/base/common/uuid';
 import { VSBuffer } from 'vs/base/common/buffer';
@@ -417,6 +417,18 @@ export class CodeApplication extends Disposable {
 		this.logService.debug(`from: ${this.environmentMainService.appRoot}`);
 		this.logService.debug('args:', this.environmentMainService.args);
 
+		// TODO@bpasero TODO@deepak1556 workaround for #120655
+		try {
+			const cachedDataPath = URI.file(this.environmentMainService.chromeCachedDataDir);
+			this.logService.trace(`Deleting Chrome cached data path: ${cachedDataPath.fsPath}`);
+
+			await this.fileService.del(cachedDataPath, { recursive: true });
+		} catch (error) {
+			if ((<FileOperationError>error).fileOperationResult !== FileOperationResult.FILE_NOT_FOUND) {
+				this.logService.error(error);
+			}
+		}
+
 		// Make sure we associate the program with the app user model id
 		// This will help Windows to associate the running program with
 		// any shortcut that is pinned to the taskbar and prevent showing
diff --git a/src/vs/platform/environment/electron-main/environmentMainService.ts b/src/vs/platform/environment/electron-main/environmentMainService.ts
index 912cf8e9594..56705313f6f 100644
--- a/src/vs/platform/environment/electron-main/environmentMainService.ts
+++ b/src/vs/platform/environment/electron-main/environmentMainService.ts
@@ -25,9 +25,12 @@ export interface IEnvironmentMainService extends INativeEnvironmentService {
 	backupHome: string;
 	backupWorkspacesPath: string;
 
-	// --- V8 script cache path
+	// --- V8 script cache path (ours)
 	nodeCachedDataDir?: string;
 
+	// --- V8 script cache path (chrome)
+	chromeCachedDataDir: string;
+
 	// --- IPC
 	mainIPCHandle: string;
 
@@ -66,4 +69,7 @@ export class EnvironmentMainService extends NativeEnvironmentService implements
 
 	@memoize
 	get nodeCachedDataDir(): string | undefined { return process.env['VSCODE_NODE_CACHED_DATA_DIR'] || undefined; }
+
+	@memoize
+	get chromeCachedDataDir(): string { return join(this.userDataPath, 'Code Cache'); }
 }
diff --git a/src/vs/platform/issue/electron-main/issueMainService.ts b/src/vs/platform/issue/electron-main/issueMainService.ts
index 662bdd79aca..86417c0922d 100644
--- a/src/vs/platform/issue/electron-main/issueMainService.ts
+++ b/src/vs/platform/issue/electron-main/issueMainService.ts
@@ -11,7 +11,7 @@ import { BrowserWindow, ipcMain, screen, IpcMainEvent, Display } from 'electron'
 import { ILaunchMainService } from 'vs/platform/launch/electron-main/launchMainService';
 import { IDiagnosticsService, PerformanceInfo, isRemoteDiagnosticError } from 'vs/platform/diagnostics/common/diagnostics';
 import { IEnvironmentMainService } from 'vs/platform/environment/electron-main/environmentMainService';
-import { isMacintosh, IProcessEnvironment } from 'vs/base/common/platform';
+import { isMacintosh, IProcessEnvironment, browserCodeLoadingCacheStrategy } from 'vs/base/common/platform';
 import { ILogService } from 'vs/platform/log/common/log';
 import { IWindowState } from 'vs/platform/windows/electron-main/windows';
 import { listProcesses } from 'vs/base/node/ps';
@@ -289,7 +289,7 @@ export class IssueMainService implements ICommonIssueService {
 			webPreferences: {
 				preload: FileAccess.asFileUri('vs/base/parts/sandbox/electron-browser/preload.js', require).fsPath,
 				additionalArguments: [`--vscode-window-config=${ipcObjectUrl.resource.toString()}`],
-				v8CacheOptions: 'bypassHeatCheck',
+				v8CacheOptions: browserCodeLoadingCacheStrategy,
 				enableWebSQL: false,
 				enableRemoteModule: false,
 				spellcheck: false,