Rose took over at BVB at the start of the 2021/22 season after two years in charge at Borussia Mönchengladbach. The 45-year-old oversaw 46 games at the helm for Dortmund, winning 27, drawing four and losing 15.
He guided them to a runners-up finish in the Bundesliga behind champions Bayern Munich, but their DFB Cup defence was ended in the round of 16 by St. Pauli and Die Schwarzgelben failed to get out of their UEFA Champions League group. They would bow out of Europe against Rangers in the UEFA Europa League play-off round.
"This is not an easy day for any of us, because the mutual esteem among us was, is and remains great. After a season that was unsatisfactory for various reasons, we had to realise that we did not get the maximum out of our possibilities in many sub-areas," said club CEO Hans-Joachim Watzke.
"Despite a difficult season with many imponderables, I was convinced of our path. During our conversation, the impression matured in me that the 100 percent conviction of all those in charge was no longer there. In the end, we therefore decided together to end the cooperation," Rose added in the official club statement.
Dortmund will now seek their seventh head coach since Jürgen Klopp left the club in 2015. The new boss will have a number of new players awaiting him, after the signings of Niklas Süle, Nico Schlotterbeck and Karim Adeyemi were confirmed.
About the clubs Borussia Dortmund
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