The CEO was accused of fiddling while Rome burns as the company's profits plummeted.
Генерального директора обвинили в том, что он занимается пустяками во время серьёзных проблем, когда прибыль компании резко упала.
Definitions
To engage in trivial or unimportant activities while a crisis or serious problem is happening; to ignore or neglect urgent matters. The phrase originates from the legend that the Roman Emperor Nero played the fiddle (or lyre) while Rome was burning.