Vantaggi
AMD does a good job of allowing for work/life balance. Many of the people who remain are talented and care about doing the right thing for the company.
Svantaggi
Salaries have been cut 10% with no foreseeable return 100% of what employees had been making before. 401k matching has been suspended. Communication from upper management on down is poor in terms of strategic initiatives and coming changes. Morale is epically low. Product roadmap is still desktop heavy (and margin light) while the market continues to move towards smaller, portable and more energy efficient offerings. Zero chances for advancement, career planning or even mentoring. Often, management are too concerned with the day-to-day buzz that these tasks are absolutely the last of last afterthoughts.