Hamburg have announced that Armin Veh is no longer their first team coach.
HSV decided the time was right to dispense with the services of the 50-year-old after they succumbed to a 6-0 hammering by Bayern Munich in the Bundesliga on Saturday.
The result means that Hamburg are now in eighth place in the league standings with 37 points from 26 matches, six points adrift of a Europa League place.
Veh was appointed the coach of the former German champions in May 2010 but has failed to make his team one of the best in the division as they are struggling around mid-table and are slipping away from contention for European football next term.
It was announced last week that his contract would be terminated at the end of the season, but the club have acted quickly after the humiliating defeat against die Roten.
Michael Oenning, assistant to Veh, will now take over the coaching responsibilities of the first team, according to reports in the German media.