Neil Lennon has been sacked by Omonia Nicosia after seven months in charge.
The Cypriot club currently sit seventh in the Division One table after a 1-0 loss to Nea Salamis on Tuesday night.
Omonia also suffered successive defeats to Manchester United in the Europa League recently, with the latest one coming on Thursday.
'We inform you that we have agreed with Neil Lennon to stop our collaboration,' the club said in a statement on their website.
'Unfortunately, the ongoing competitive instability and the significant losses of points in the championship are the main reasons that made us decide to end our partnership.