Hibs have sacked Nick Montgomery after 37 matches, after the 42-year-old failed to 'deliver the results the club had hoped for'.
The former Central Coast Mariners boss won 12, drew 12, and lost 13 and despite taking Hibs to the semi-finals of the League Cup, couldn't engineer a top-six finish, with the capital club finishing in the bottom half of the table for the second time in three seasons.
Hibs won their first post-split fixture 3-1 at St Johnstone, but lost 2-1 to Ross County in their second game and endured a 4-0 drubbing at the hands of Aberdeen on Sunday at Easter Road.
A statement from Hibs read: "Hibernian FC can confirm that Nick Montgomery has been relieved of his duties as head coach. In addition, Sérgio Raimundo and Miguel Miranda have also left the club with immediate effect.
"The Gordon Family said: “As a board this was not a decision we made lightly, but felt it a necessary one to move the team forward. Although Nick and his coaching team worked tirelessly, their efforts didn’t deliver the results we had hoped for.
“We’d like to thank Nick, Sérgio, and Miguel for all of their hard work and dedication, and wish them all the best for the future."
First-team coach David Gray will take interim charge of the team for the final two matches against Motherwell at Easter Road on Wednesday night, and Livingston in West Lothian on Sunday.
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