Pros
Staff is dedicated which illustrates a good understanding in recruiting talented individuals. Even when the management team would flounder, the staff would make them look like they were on top of things.
Cons
Simple economics tell you when adjustements are made to rates, it takes around 6 months to see the affect. When AMD changes the guard, the baby is thrown out with the bath water leaving some of the same floundering managers not understanding the value of the return on those that propelled them into management to begin with. When the guard changes and staff is let go, it takes months to see the affect of that downward trending decision. In AMD's case, the trend continued to spiral downward. Yet another changing of the guard because no real traction was made with the last bunch. Any guesses where business will go? Stocks should tell plenty along with internal costs out of control as management continues to not fully understand the value the contribution of previous, current or future staff delivered.
