Pros
As an engineer, you have the opportunity to work with great technology and talented people. There are not a lot of companies in the world which can provide that kind of field and background. Benefits okay. Salaries could be more competitive. However, the company is losing money. Recent product launches brought back hope and the future looks a bit better.
Cons
Bad leadership in the Toronto office. Some manager having a very volatile personality, which results in a top-down (un-) management style to cover their weakness. Also dangerous to work there when you above 46 of age( there is a form of age discrimination). Even the recent product launches looking good, AMD has been there in the past (remember Hammer?) - one good year follows seven bad years... just keep in mind if you consider a career there...