Bournemouth were beaten 9-0 at Liverpool on Saturday; Bournemouth co-owner Maxim Demin: "Our search for a new head coach will begin immediately"; Gary O'Neil takes interim charge of the team, assisted by Shaun Cooper and Tommy Elphick; Bournemouth are 16th and host Wolves on Wednesday
Bournemouth have sacked head coach Scott Parker after just four games of the Premier League season.
Parker left Fulham and took charge of Bournemouth 14 months ago, guiding them to promotion to the Premier League behind his former club last season.
Bournemouth were beaten 9-0 by Liverpool at Anfield on Saturday, with Parker making no secret of his frustration following the result - describing his team as 'ill-equipped' to compete at this level.
Bournemouth co-owner Maxim Demin said in a statement: "I would like to place on record my gratitude to Scott and his team for their efforts during their time with us. Our promotion back to the Premier League last season under his tenure will always be remembered as one of the most successful seasons in our history.
"However, in order for us to keep progressing as a team and a club as a whole, it is unconditional that we are aligned in our strategy to run the club sustainably. We must also show belief in and respect for one another.