After only 12 games in charge, Jamie Fullarton has parted company with the club
The 41-year-old left his role as academy coach at Nottingham Forest in January 2016, with the former Crystal Palace midfielder succeeding Ricardo Moniz, who had been sacked in December.
Just 12 games into his tenure, however, the Magpies have wielded the axe having won only one point at home under his guidance.
They currently sit 19th in League Two, 13 points off the drop zone, and the 4-1 defeat to Exeter City at Meadow Lane proved the final straw.
A statement from club owner Ray Trew said: “Whilst it is well known that my position at the club has changed in recent weeks, I still have a responsibility to do what I feel is best for Notts County and that means acting when things aren’t going right on the pitch.
“I have to thank Jamie for his efforts over the past few weeks because he has had to face an incredibly difficult atmosphere, somewhat unfairly I feel, but has maintained an exceptional level of professionalism throughout and should be applauded for how he has conducted himself.
“There is no doubt in my mind that Jamie still has a very bright future in the game, but I acknowledge that what was already a tough challenge for him here at Meadow Lane was made all the more difficult through a number of factors that were beyond his control.
“We understand fans’ fears and frustrations, and the most important thing for Notts County is that this season does not dissolve into a disaster and a level of stability can be brought in to ensure that there is a strong platform to build from for the new owners, once a deal is completed to sell the club.”