Jones has led Wednesday to second from bottom in the Championship, and chairman Milan Mandaric has decided to relieve the manager of his duties at Hillsborough.
Wednesday have won just one game this season and were beaten 2-0 by Blackpool on Saturday.
The news comes just 24 hours after Barnsley sacked their boss David Flitcroft.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Sheffield UnitedSheff Utd | 22 | 15 | 5 | 2 | 32 | 11 | 21 | 48 |
| 2 | Leeds UnitedLeeds | 22 | 13 | 6 | 3 | 41 | 15 | 26 | 45 |
| 3 | Burnley | 22 | 12 | 8 | 2 | 28 | 9 | 19 | 44 |
| 4 | Sunderland | 22 | 12 | 7 | 3 | 34 | 18 | 16 | 43 |
| 5 | Blackburn RoversBlackburn | 21 | 11 | 4 | 6 | 25 | 18 | 7 | 37 |
| 6 | Middlesbrough | 22 | 10 | 5 | 7 | 38 | 28 | 10 | 35 |
| 7 | West Bromwich AlbionWest Brom | 22 | 8 | 11 | 3 | 26 | 16 | 10 | 35 |
| 8 | Watford | 21 | 10 | 4 | 7 | 30 | 28 | 2 | 34 |
| 9 | Sheffield WednesdaySheff Weds | 22 | 9 | 5 | 8 | 28 | 30 | -2 | 32 |
| 10 | Millwall | 21 | 7 | 7 | 7 | 21 | 18 | 3 | 28 |
| 11 | Swansea CitySwansea | 22 | 7 | 6 | 9 | 24 | 24 | 0 | 27 |
| 12 | Bristol City | 22 | 6 | 9 | 7 | 26 | 28 | -2 | 27 |
| 13 | Norwich CityNorwich | 22 | 6 | 8 | 8 | 37 | 34 | 3 | 26 |
| 14 | Queens Park RangersQPR | 22 | 5 | 10 | 7 | 23 | 28 | -5 | 25 |
| 15 | Luton TownLuton | 22 | 7 | 4 | 11 | 25 | 38 | -13 | 25 |
| 16 | Derby CountyDerby | 22 | 6 | 6 | 10 | 27 | 28 | -1 | 24 |
| 17 | Coventry CityCoventry | 22 | 6 | 6 | 10 | 28 | 34 | -6 | 24 |
| 18 | Preston North EndPreston | 22 | 4 | 11 | 7 | 22 | 29 | -7 | 23 |
| 19 | Stoke CityStoke | 22 | 5 | 7 | 10 | 23 | 30 | -7 | 22 |
| 20 | Portsmouth | 20 | 4 | 8 | 8 | 25 | 35 | -10 | 20 |
| 21 | Hull City | 22 | 4 | 7 | 11 | 21 | 31 | -10 | 19 |
| 22 | Cardiff CityCardiff | 21 | 4 | 6 | 11 | 19 | 34 | -15 | 18 |
| 23 | Oxford UnitedOxford Utd | 21 | 4 | 6 | 11 | 21 | 37 | -16 | 18 |
| 24 | Plymouth ArgylePlymouth | 21 | 4 | 6 | 11 | 22 | 45 | -23 | 18 |
| > Championship Full Table | |||||||||
