1. A business or corporation that is experiencing financial deterioration, declining revenues, or failing operations and is likely to fail or go bankrupt
The sinking company laid off half its workforce in an attempt to cut costs.
A empresa em declínio demitiu metade de sua força de trabalho na tentativa de cortar custos.
2. A firm with diminishing market share, reputation, or competitive advantage
Investors are abandoning the sinking company as its stock price continues to fall.
Os investidores estão abandonando a empresa em declínio conforme seu preço de ação continua caindo.