The company is caught in a double bind. If it doesn't modernize it won't make money, but if it does modernize they'll have to make people redundant because they won't need them any more.

这家公司进退两难. 不实行现代化就无法盈利, 要实行现代化就会有冗员,因为公司将不再需要他们.

《简明英汉词典》

I'm caught in a double bind.

我现在是进退两难.

辞典例句

Same as the double bind between the mother and son.

该双重境地和母子之间的双重境地一样.

互联网

The economy is in a double bind.

西班牙经济已经陷入了双重束缚.

互联网