Pros
AMD has a very good company culture of respect for people which is at the cornerstone of how they treat their employees. Employees are expected to speak up, challenge decisions, and have a voice in how the company is going. AMD is still a small enough company that everyone knows each other, builds strong relationships and generally likes the people that they work with.
Cons
AMD has brought in a lot of outside executives in the past few years who were raised on different company cultures which is changing the company. The large number of IBM executives hired in the past 2-3years has lead to a very uneasy feeling in the company, distrust of the different sites and concern among the employees. The lack of information on what the company is doing with "Asset Smart" is only leading to the different locations jockeying for position, withholding information, and subsequantly very low morale.