a sinking ship

an organization that is failing She says the school is a sinking ship, and has no money to hire additional teachers.

a company or other organization that is failing He'd seen the company's accounts, realized he was on a sinking ship, and decided to get off.

Name	Pronounced	Usage
Carroll	-	Irish
Garth	[ga:θ]
Fulke	FULK	English (Archaic)
Doroteia	doo-roo-TAY-ə	Portuguese
Dietmar	DEET-mahr	German
Zosime	-	Ancient Greek