Deschamps took charge of the team for the home win over Mantova amid intense speculation that he had resigned after a meeting with club officials late on Friday.
The club at first denied that the Frenchman had officially quit but his departure was confirmed following the 2-0 win, which assured Juventus of the Serie B championship.
“Juventus and Didier Deschamps announce that they have mutually cancelled their contract, which had brought satisfaction, joy and success to both sides,” a club statement said.
Juventus were demoted from Serie A last year in Italy’s match-fixing scandal but have made an immediate return under Deschamps despite a nine-point deduction.
Media reports have consistently linked other managers to the post with former Juventus and Italy coach Marcello Lippi among those mentioned.
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