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 | 20 | 13 | 5 | 2 | 28 | 11 | 17 | 42 |
| 2 | Leeds UnitedLeeds | 20 | 12 | 5 | 3 | 36 | 14 | 22 | 41 |
| 3 | Burnley | 20 | 10 | 8 | 2 | 24 | 7 | 17 | 38 |
| 4 | Sunderland | 20 | 10 | 7 | 3 | 29 | 15 | 14 | 37 |
| 5 | Blackburn RoversBlackburn | 19 | 10 | 4 | 5 | 23 | 17 | 6 | 34 |
| 6 | West Bromwich AlbionWest Brom | 20 | 7 | 11 | 2 | 23 | 14 | 9 | 32 |
| 7 | Middlesbrough | 20 | 9 | 4 | 7 | 34 | 25 | 9 | 31 |
| 8 | Watford | 19 | 9 | 4 | 6 | 27 | 25 | 2 | 31 |
| 9 | Swansea CitySwansea | 20 | 7 | 6 | 7 | 21 | 19 | 2 | 27 |
| 10 | Norwich CityNorwich | 20 | 6 | 8 | 6 | 35 | 30 | 5 | 26 |
| 11 | Bristol City | 20 | 6 | 8 | 6 | 25 | 25 | 0 | 26 |
| 12 | Sheffield WednesdaySheff Weds | 20 | 7 | 5 | 8 | 23 | 29 | -6 | 26 |
| 13 | Millwall | 19 | 6 | 7 | 6 | 20 | 17 | 3 | 25 |
| 14 | Derby CountyDerby | 21 | 6 | 6 | 9 | 26 | 26 | 0 | 24 |
| 15 | Preston North EndPreston | 20 | 4 | 10 | 6 | 20 | 26 | -6 | 22 |
| 16 | Luton TownLuton | 20 | 6 | 4 | 10 | 23 | 35 | -12 | 22 |
| 17 | Coventry CityCoventry | 20 | 5 | 6 | 9 | 25 | 29 | -4 | 21 |
| 18 | Stoke CityStoke | 20 | 5 | 6 | 9 | 21 | 26 | -5 | 21 |
| 19 | Queens Park RangersQPR | 20 | 4 | 9 | 7 | 20 | 26 | -6 | 21 |
| 20 | Oxford UnitedOxford Utd | 19 | 4 | 6 | 9 | 20 | 30 | -10 | 18 |
| 21 | Portsmouth | 19 | 3 | 8 | 8 | 21 | 34 | -13 | 17 |
| 22 | Cardiff CityCardiff | 19 | 4 | 5 | 10 | 17 | 30 | -13 | 17 |
| 23 | Plymouth ArgylePlymouth | 19 | 4 | 5 | 10 | 19 | 40 | -21 | 17 |
| 24 | Hull City | 20 | 3 | 7 | 10 | 18 | 28 | -10 | 16 |
| > Championship Full Table | |||||||||
