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Facing a collapse in global trade and consumer demand, firms slashed production and cut their payrolls to match.
Big industrial firms facing a collapse of export markets such as Heidelberger Druck, the world's biggest maker of printing presses, are likely recipients.
This is a council facing a collapse of its senior management structure at the same time as having to make £100m of cuts".
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But Russia itself is increasingly isolated, facing a collapsing currency and sanctions from the West over its aggressive actions in Ukraine and persecution of dissidents at home. .
A decade ago, Britain's auditors and corporate chiefs faced a collapse of confidence of Enronian proportions.
Prime Minister Ivica Racan now faces a collapse of his government and a possible no-confidence vote in Parliament.
A Labour government under Harold Wilson took power but faced a collapse in corporate profits and stock market values.
Some countries, like Ireland and Spain, already face a collapse in housing prices not unlike that in much of the United States.
"We must warn society that should the current social and economic course be continued, Russia will face a collapse," he said.
One respondent told us they faced "a collapse of demand from public sector clients", while another was struggling with "a lack of salesmanship experience".
Britain and other countries face a collapse of their economies and loss of culture if they do not protect the environment better, the world's leading champion of nature has warned.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com