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1.
When a company is no longer functional in terms of pay, benefits, growth, etc...

When the employees are starting to feel like it's time to leave and look for another company or job.

The starting stage of a crashing company.

Similar to Job Fair only that in Job Fail, people are already hired and they tend to go away.
Peter: Luke, do you have any vacancies in your company?
Luke: Yup. Why?
Peter: Our company is having a Job fail.

Mary: Where are you going Judas?
Judas: I'm gonna join the Job Fail.
by Spectre from above April 19, 2010
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