management crisis; financial difficulty
Refers to a critical situation where a company's management or finances are in serious trouble, often implying risk of bankruptcy or major restructuring.
The company is in a management crisis.
Large-scale restructuring was carried out to overcome the financial difficulty.
倒産 means 'bankruptcy' or 'going out of business', while 経営危機 refers to the crisis state that may lead to it.
経営難 is a more general term for 'management difficulties', not necessarily as acute as 経営危機.
Compound of 経営 (management) and 危機 (crisis).