To me it looks like he's lost the dressing room and isn't very liked by the players anymore. We probably won't get a good manager in, but getting someone average in who can lift the current mood is better than having a useless one with unhappy players. A interim manager who hasn't thrown the players under the bus already, and one who hasn't already blamed everything but himself.
So imo, simply put, kick the idiot out before it's too late. Rather take my chances jumping out from 3rd floor than than die in the burning house.