When a sailor in the Navy eats a live squid for initiation purposes.
During my squid job, I was sprayed with ink.
when a girl gives a guy a hand job by putting the tip in her palm and wrapping her hand around it that way, resembling a squid
"I got a squid job from my girl last night."
"Ya she doesnt know how to do a real hand job, but its pretty much the same thing."