Former Blues boss Mick McCarthy and his assistant Terry Connor have left their roles with Blackpool after less than three months.
McCarthy, 64, was handed the reins at Bloomfield Road on January 19th following Michael Appleton’s sacking but has failed to improve the Tangerines’ fortunes, winning two, drawing three and losing nine of his 14 games in charge.
The Seasiders sit second bottom of the Championship, seven points from safety with six games left to play.
A statement on the Lancastrians’ official website reads: "Blackpool Football Club can confirm Mick McCarthy and Terry Connor have both left the club by mutual consent.
"With results on the pitch not improving in recent weeks, the decision has been agreed by both parties that a change is needed.
"The club would like to thank both Mick and Terry for their efforts and wish them well for the future.”
McCarthy added: "After recent performances and results, I have thought long and hard and feel this is the best decision for everyone concerned with the football club.
"I've loved my time here and thank everyone for their support. I wish everyone well going forward.”
U23s coach Stephen Dobbie will take charge for the rest of the season, assisted by Matt Blinkhorn and Steve Banks.