sinking ship

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sinking ship

A failing or floundering organization or entity. After all of the recent layoffs, most consider the company a sinking ship.
See also: ship, sink

a sinking ship

If an organization or cause is a sinking ship, it is failing and unlikely to recover. Insiders regard the company as a sinking ship. Note: You can also say that someone abandons, deserts or leaves a sinking ship, to mean that they leave an organization or activity which is about to fail. I know some people will say that I am leaving a sinking ship. He seems to be suggesting that we're deserting a sinking ship, but that's not the case. Compare with like rats deserting a sinking ship.
See also: ship, sink