To ask for you old job back after you quit in a way that is hard to forget, your best friend witnessed, or that made your mom cry. Can be used in a full circle fashion with hit the slide.
I hit the slide last month by booking my boss a ticket to the wrong city for her conference. I thought I got that bitch, but five weeks later I'm sitting in her office with my resume and a bouquet of flowers. Looks like I'm back at the bottom of the slide.
Name used to describe an as yet unnamed or unknown person who, from afar, may display obvious douche bag characteristics. Alternatively used to describe a person that you know for a fact is, or who has displayed the qualities of, a douche bag. Particularly if that person is being described to you by another person.