The Football Association of Ireland have confirmed that Giovanni Trapattoni and his assistant Marco Tardelli have left their positions with the national side.
They departed by "mutual consent" after meeting with the FAI following Tuesday's defeat in Austria which all but ended the country's hopes of qualifying for next year's World Cup in Brazil. It ended Trapattoni's 5 year reign as Ireland manager, having taken the job in 2008.
His first qualification campaign for the 2010 World Cup ended in heartbreak when they were beaten in a play-off by France, courtesy of a handball from Thierry Henry. They fared better in qualification for Euro 2012, but crashed out on the group stages, failing to earn a single point, and scoring only one goal.
Their current qualification campaign had been uninspiring, and their two defeats in the last few days, against Sweden on Friday and Austria last night seem to have sealed the Italian's fate.
In an FAI statement, Trapattoni said: "I want to thank everyone in Ireland who has given us their support during our time here which has always meant a lot to us."
"We leave this country with emotion because we understand the Irish supporters who have a well-deserved international reputation and they have our utmost respect."
"I would like to thank John Delaney, Paddy Mc Caul, Michael Cody and the FAI Board for their support and friendship over the last five and a half years."
"I would also want to thank all FAI staff members, including the backroom team and the players who have been great to work with during the last three campaigns."
"I wish them well in the future and hope that the job we have done leaves everything in a good place for my successor to take over."
FAI chief executive John Delaney commented: "We thank Giovanni Trapattoni, Marco Tardelli and Franco Rossi for the last five and a half years during which we qualified for our first major tournament in ten years and were close to qualification for 2010 World Cup in South Africa after the play-off in France."
"This particular World Cup campaign has been disappointing but Giovanni leaves us with a group of good young players which should form the basis of the squad that the new manager will use for the European Championships in France 2016 when 24 teams qualify."
The FAI will meet "in due course" to discuss who will replace Trapattoni, with the likes of Martin O'Neill and Roy Keane thought to be in the running.