Way to do something

Way to X usually is an exclamation of approval, encouragement, a positive reaction. However, in the example you posted it's meant ironically, so it's the exact opposite.

Some references you might be interested in:

way to go!:

(idiomatic) an expression of congratulations, encouragement, or approval

This is a very close phrase to what you got there above. Similar example would be: "Way to score, man!"

However, beware of another phrase, what a way to go!:

(set phrase) expression or remark on the unfortunate, exceptional, or unusual nature of somebody's death

This one is similar to saying for example, "what a waste!" or "what a strange idea!"