When someone or something "crashes and burns" immediately after "peaking". This can be used to describe an event of quick reverse of someone's fortune.
"Did you hear that Chad is now mopping floors at K-mart?", Ryan asked.
Kyle looked up at Ryan with a sigh. "Ehh, that's fitting considering his diarrhea accident in the boardroom."
"And to think, when he got that promotion, he was the youngest VP in the history of Google," he added.
"Scaramucci Effect is a bitch!"
He Scaramucci'ed his new job up by insulting his coworkers. His wife left him after he tweeted "thoughts and prayers" about his newborn son. And on the tenth day, he was fired.