Swansea City have parted company with manager Garry Monk after one win in 11 Premier League games.
The 36-year-old had been with the club for over 11
years, first as a defender and then manager since February 2014, when he
replaced Michael Laudrup.
Saturday's 3-0 home defeat by Leicester City was his last game in charge, and left them 15th in the table.
"The decision has been made very reluctantly and with a heavy heart," chairman Huw Jenkins said.
He added in a club statement: "To find ourselves in our current situation from where we were in the first week of September, and considering the drop of performance levels and run of results over the last three months, it has brought us to this unfortunate decision.
We hope to appoint a replacement as soon as possible."
Assistant manager Pep Clotet and first-team coach James Beattie are also set to leave.
Alan Curtis, the former players and long-time coach at Swansea, is expected to be in charge of the team for Saturday's Premier League match at Manchester City.
Monk had guided the Swans to a highest ever Premier League finish of eighth in his first full season.
They started this season in similar form, drawing at champions Chelsea on the opening day before beating Newcastle United and Manchester United at home in an unbeaten four-match start.
But Swansea's form then deteriorated as they lost four of their next six games.
An away victory over Aston Villa at the end of October interrupted the winless run, but the pressure intensified on Monk as his team picked up only one point in their next five games.
The 1-0 loss to Liverpool at Anfield was hailed by Monk as "an excellent" performance, but Saturday's comprehensive defeat by shock Premier League leaders Leicester resulted in his departure.
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