The Hartlepool United manager Craig Hignett has left 'by mutual consent', according to the club.
The move follows the side's 1-nil defeat at Crawley yesterday. Pools are currently lying 19th in League Two.
Hignett was appointed in February last year. The Hartlepool chairman has thanked him for his contribution over the past eleven months.
I would like to place on record my thanks to Craig for all of his efforts. He has given everything for the club during his time in charge and he leaves with our very best wishes for the future.
Mr Coxall added that the search for a new manager will begin immediately and would not be a 'long, drawn-out process'.
Sam Collins has been placed in temporary charge of the first team.
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Hartlepool United exited the FA Cup after suffering a 4-0 away defeat to Port Vale.
Hartlepool were knocked out of the competition in the second round after a disappointing display at Vale Park.
Pools were down 3-0 in the first 30 minutes and saw manager Craig Hignett sent to the stands by the end of the first half. The rout was complete in the second half after a penalty was scored by former Newcastle United midfielder Ryan Taylor.
Following Hartlepool's FA Cup departure, they can now concentrate back on the League where they face Cambridge United next at home.
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Hartlepool United boss Craig Hignett says there's 'no pressure' on his team going into tonight's League Cup clash with Preston North End.
Pools face an away trip to the Championship side in the First Round of the EFL Cup.
With the League Two club classed as the underdogs, Hignett believes the pressure will be on the hosts at Deepdale. He told ITV News:
I don't think anyone expects us to go there and win the game, except me.
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Hartlepool United boss Craig Hignett is looking forward to seeing the 'Stormtroopers' at the club's final game of the season at Plymouth Argyle.
It's a tradition among Hartlepool fans to wear fancy dress at their team's last away match of each campaign. This year more than 200 supporters will be dressed as Imperial Stormtroopers from the Star Wars movies.
Hignett, who is a self-confessed Star Wars fan, said he can't wait for Saturday's trip to Home Park.
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