This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares climbed more than 2% on early Thursday after gaining a similar amount a day earlier, as investors weighed continued workforce reductions against the company's expanding artificial intelligence infrastructure spending. The latest cuts follow a broader reduction in Oracle's workforce. Company filings show headcount declined by about 21,000 employees, or 13%, during the fiscal year ended May 31. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator.ORCL GF Value chart Oracle's restructuring bill has also grown by $700 million to roughly $2.8 billion, covering expenses such as severance and contract exits.
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