Pros
AMD has very innovative product designers creating the highest-performing processors in the industry, inexpensive gym access, working for the underdog, pays for continuing education, and has employee discount programs.
Cons
Lost in the masses, everything is outsourced including the recognition programs, doesn't understand what their target market needs or wants, doesn't understand software as an enabler of hardware, employees are treated more as an additional cost than an asset, no motivation to follow company-wide programs like 50x15 (50x15.amd.com), company seems top-heavy with at least 3 levels of Vice Presidents and lots of perks for being sr. management with no route to get there. Lots of bureaucracy, Director and above only show up to reprimand. Little communication from senior management to contributors, and even less communication between departments about business-changing developments and projects.