Zhèjiā gōngsī yǐjīng zài chuísǐzhēngzhá le, dǎobì zhǐshì shíjiān wèntí.
This company is in its death throes — bankruptcy is just a matter of time.
Tips
usage
垂死挣扎 can describe both literal final struggles (a dying animal, a surrounded army) and figurative ones (a failing company, a dying ideology). It always implies the struggle is futile — the outcome is already determined.
