Manchester United manager Ole Gunnar Solskjaer has left the club with immediate effect.
Solskjaer's position was the subject of an emergency board meeting following their 4-1 capitulation at Watford on Saturday and a decision was announced this morning.
The horror show at Vicarage Road made it five defeats from seven Premier League matches.
Michael Carrick will now take charge of the team for forthcoming games, while the club has revealed they will look to appoint an interim manager to the end of the season, rather than a permanent one.
The writing was on the wall for Solskjaer when Watford flew into a 2-0 lead through Josh King and Ismaila Sarr.
Substitute Donny van de Beek pulled one back but United's under-fire captain Harry Maguire was sent off after 69 minutes and late goals from Joao Pedro and Emmanuel Dennis piled on the misery.
Former United striker Solskjaer was appointed caretaker boss in December 2018 to replace Jose Mourinho.
The Norwegian became the first United manager to win his first six league games, beating a record held by Matt Busby, and was handed the permanent role the following March.
United finished second behind Manchester City last season but currently lie seventh, six points off West Ham in fourth and 12 behind leaders Chelsea.
A club statement read: "Ole will always be a legend at Manchester United and it is with regret that we have reached this difficult decision.
"While the past few weeks have been disappointing, they should not obscure all the work he has done over the past three years to rebuild the foundations for long-term success.
"Ole leaves with our sincerest thanks for his tireless efforts as Manager and our very best wishes for the future.
"His place in the club's history will always be secure, not just for his story as a player, but as a great man and a manager who gave us many great moments.
"He will forever be welcome back at Old Trafford as part of the Manchester United family."