According to Sky Italia, Conte has been informed he is no longer the club’s manager.
The Italian has been in charge for two seasons, winning the Premier League in his first campaign and the FA Cup in his second.
However, a number of clashes with prominent members of the club’s board meant a long-term stay was never on the cards.
Chelsea have long been linked with former Napoli boss Maurizio Sarri but Conte returned to the club’s Cobham Training Ground this week as no deal to replace him with Sarri was yet in place.
Now that Conte is sacked, the arrival of Sarri is thought to be imminent.