QPR have parted company with Jimmy Floyd Hasselbaink in the wake of their 1-1 draw at Nottingham Forest.
The Hoops have struggled for form in recent months and have won once in their last five games and were beaten 2-0 by Brentford last week.
The Dutchman was appointed on December 4 2015 and he replaced Neil Warnock who had taken charge after Chris Ramsey's sacking 12 months ago.
A club statement read: "QPR have parted company with Jimmy Floyd Hasselbaink.
"The Dutchman leaves Loftus Road following today's 1-1 draw against Nottingham Forest in the Sky Bet Championship.
"Hasselbaink joined QPR in December 2015 and oversaw 47 matches in charge, winning 14, drawing 18 and losing 15.
"The club appreciates Jimmy's efforts during his time in charge and wishes him all the best for the future.
"Owing to the international break, the First Team squad will return to training on Wednesday. A further update regarding the club's managerial situation will be made in due course."
Tim Sherwood is the current favourite to take over as he has a strong relationship with Les Ferdinand during his time at Tottenham.
Hasselbaink was in charge for 47 games, winning 13, drawing 18 and losing 15 during his 11 months in the Loftus Road hotseat.
