Pros
Not exactly Pros, but comments: Engineers are the best part. Love working with the team. Bright minds!.. CEO/ Management is a different story. Currently (Nov 2012) they in a "cutting your loss" mode. Stock is at $2.50 or so. So they let go a bunch of talented and pretty bright guys that were real drivers of the team, all in the name of cutting loss.Not performance related layoffs, atleast not this time as far as I can see!!.
Kontras
Reory Read needs to change his plans. He needs to comeup with clear product lines that can fetch us money. Instead of just laying people off and dissovling the company and while keeping his job!!. The low power mobile market AMD is planning to enter is already saturated with Qcom,nVidia,TI and others. And AMD is like an year away from a real good tested product to compete in that space. Then comes performance of the products which was always questionable aganist Intel. So although I still work here, I see a shakey future. Reory read, needs to come up with a plan to back fill with a vision of good products. Just licensing ARM wont cut it!. All those companies do it too, including Samsung. One more thing: AMD needs foot soliders- engineers to ge the job done. But AMD is top heavy with lots of Directors and Senior managers. Why?. Reason?. Lay them off instead and consolidate your org. I am against letting go bright enigneers. Reory Read is not "Read"ing it right! May be he should take a pay cut to contribute to his "cutting the loss" approach! ;-).