Laws was sacked this morning after a 2-1 defeat at the hands of neighbours Grimsby Town.
The club have released the following statement:
"As announced earlier, the club can confirm the termination of Brian Laws’ contract as manager early today.
"We would like to thank Brian for his work at the club both on and off the field for Scunthorpe United.
"Sadly, these decisions are not easy but we felt it was in the best interest of Scunthorpe United for now and its long term future.
"In the interim period, first team affairs will be looked after by Russ Wilcox and Tony Daws while the club carries out the interview process for the new manager.
"We would ask all supporters of Scunthorpe United to have patience while the process of finding a new manager is undertaken and to give Russ and Tony your full support."