Poundland is reportedly on the verge of collapse as new directors are reportedly heading for exit. The government is on alert over potential job losses. The company faces a risk of collapsing within days, according to multiple reports. Reports indicate that Poundland is on the verge of collapse as new directors head for exit. The government is on alert over potential job losses. Poundland faces a risk of collapsing within days, as indicated by several sources.