sinking ship


Also found in: Financial.

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
References in periodicals archive ?
It was a sinking ship and they got relegated and were an absolute disgrace last year.
Following the acquisition, Picture Box principals Marilyn Kynaston and Kate Sanagan will join Sinking Ship to lead its distribution and sales division.
The four-piece are releasing, How to Steer a Sinking Ship.
Altafaaq said that when they were alerted about the sinking ship, the municipality immediately sent a team to the sea that found 400 diesel drums floating in the sea.
Of the Nelson's 10-person complement, only one survived: skipper Andrew Haganey, who witnessed the sinking ship pull down the still-attached lifeboat containing his wife, infant child, and crew of seven.
Also covered are such vital topics as how to store and use all the foods, tools, and other "calamity commodities"; how to perform those everyday tasks that keep you alive from cooking, washing the dishes, and clean clothes, to bathing, going to the bathroom, and keeping everything sanitary; how to fashion all kinds of household items in simple and useful ways; how to deal with disasters at home or at work, in a public building or while driving, in a plane crash or train wreck, on a sinking ship or in the vicinity of a shooter; how to deal with disasters without generators, weapons, and wilderness survival skills; and so much more.
The crew members face criminal charges, including "homicide through willful negligence", for abandoning the sinking ship before the passengers, who survivors and prosecutors said were repeatedly told to stay on the ferry and were trapped as it sank just off the southwestern tip of South Korea on April 16.
Needless to say, Ellen is now distancing herself from the sinking ship.
Replying to a media poser on the crisis in Maharashtra where NCPministers have quit the government, Prasad said, "Since the UPAgovernment is a sinking ship led by the Congress party, most of the allies are seeking avenues to leave the government and therefore we see the repeated spell of uncertainty.
While they sit and toast their wealth They failed to hear the cries for help But rats are always first to flee A sinking ship lost out at sea.
Rats may leave a sinking ship but on this vessel every performer with an equity card is trying to get on.
Seriously, this lot seem to jump from one sinking ship to another.
However one cannot blame the national stores for abandoning the sinking ship.
One wonders if Rome's ongoing invitation to Anglicans is like being welcomed aboard a sinking ship.
One wag told Murphy something about rats and a sinking ship, but Murphy is sure the two lads made an innocent mistake.