Vieira has been dismissed following a run of five consecutive defeats.
The final straw for the 44-year-old was Thursday’s 3-2 defeat at home to Bayer Leverkusen, which confirmed their exit from the Europa League.
His assistant, Adrien Ursea, will take charge of the team from this weekend.
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“In a meeting after last night’s match, the Nice board informed Patrick Vieira of its decision to put an end to their collaboration,” the club said in a statement.
“Patrick Vieira put all his heart and professionalism into his service for OGC Nice over the last two and a half years.”
Vieira was given the job in 2018, but has come under pressure since last week’s defeat at home to struggling Dijon, a result that left Nice in the bottom half of Ligue 1.
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