Signs of collapse (and by no means is this a complete list):
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HR eliminated the long-standing policy that allowed employees to roll over vacation hours into the next year.
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Long-time customers leaving in droves as if Sungard AS is some kind of pandemic. Then again, if you're a customer and dealing with the astronomical prices that Sungard AS charges, you wouldn't be happy when you call tech support and realize that somebody at the other end, in India or Costa Rica, hasn't even experienced being in a data center and has serious language issues.
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Supply vendors no longer accept orders because Sungard AS doesn't pay Net 30, as stipulated in contracts.
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Upper management crumbling because executives have started to bail from the company
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Consistent layoffs
Bumped from @ONjbFTe-6atj for making a good point about Sungard AS.