Pros
The work environment is awesome! Its one of the biggest positive things going for AMD. The level of technical knowledge is very good and the best part is ,even the most senior technical/management folks are very approachable and are eager to listen to you !!
Cons
The top management needs to do a lot more to get the company in the right track. They lost focus for a while but the recent signs indicate, that they are getting their act together finally!. They need to do a much better job in road map planning. This is one area AMD HAS to improve. Another big area of concern is "resource/project planning" and it got from bad to worse, sometime back!!! Management did improve somewhat in this respect, but a lot of positive changes need to happen in this space.