The latest change comes at Carrow Road after Neil Adams' decision on Monday to step down as Norwich City boss.
"However, I feel it is in the best interests of the team that an immediate change is made in order to ensure a positive impact on results," said the former Canaries winger, a surprise choice to replace Chris Hughton towards the end of last season.
Hughton himself has recently returned to hotseat, taking over at Brighton & Hove Albion.
Nottingham Forest manager Stuart Pearce has, of course, been under pressure himself recently due to a poor run of results.
But with the Reds currently in 11th place in the table it is perhaps worth noting that only two of the clubs above them have changed managers this season, Norwich being the latest and the other being Watford where a revolving door was in operation earlier in the campaign.