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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.
Job Fail by Spectre from above April 20, 2010
Low-skilled and low-income job. Usually without any career opportunities, dull and uninteresting. Probably will be done by robots in future.
John got a failjob, he is working at McDonald's.
failjob by nulle April 26, 2011