The former Chelsea striker has been fired by the club after less than a year in charge with the club languishing in 17th place in the Championship.
The Dutchman replaced Chris Ramsey at the helm in December 2015 and won just 14 of 47 matches in charge at Loftus Road.
Hasselbaink paid the price for QPR’s disappointing form in recent weeks, with the club having won just twice in its past 11 league matches.
The final straw proved to be a 1-1 draw at Nottingham Forest on Saturday, with QPR announcing its decision via a news release Saturday.
STORY BY GOAL.COM