Pros
There aren't any now. It used to be a great company. AMD was a forward looking company struggling to compete with Intel yet they treated people with respect and allowed them to do their job. Senior management was involved in the day to day running of ther company. They listened to and were involved with the employees.
Cons
Total lack of leadership form the top. They are more interested in empire building and being quoted in the press than running the company. The political manuvering that is taking place is getting in the way of making smart business decisions and just geting the job done. There is no strategic direction coming form Senior Management so that good business decisions can be made regarding the value of work being done on projects.