This is bad news, Ranieri has been fired less than a year after leading Leicester City to the Premier League title. Nobody gave them a chance at the start of last season.
Admittedly, their performance this year has been bad. They are hovering near the relegation zone. But I don't think sacking Ranieri is going to help the team now.
Yes this is surprising news, Lecester make decisions too quickly I think. English champions and FIFA Coach of the Year in 2016 and still many achievements Ranieri in Leicester does not guarantee a good career. You're right, Ranieri's dismissal would not help the team now, and should given the opportunity to Ranieri to rotate players to get a performance better. On February 28 Leicester will be against Liverpool at the King Power Stadium. We'll know at this match whether this dismissal bad or good impact to Leicester.