The Brazilian Football Federation has relieved Dunga of his position as national team coach following a disappointing World Cup quarter-final exit.
Dunga had stated his intention to leave his post following the 2-1 defeat at the hands of the Netherlands on Saturday.
An official statement from the CBS has now confirmed the former midfielder's departure from the role.
"After the working cycle that started in August 2006, and ended with the elimination of Brazil from the World Cup in South Africa, has come to an end, the CBF announces that the technical committee of the national squad has been released," the statement on the CBF official website read.
"The new technical committee will be announced by the end of July."
Former Chelsea manager Luiz Felipe Scolari and Leonardo, who was in charge at Milan last season, are rumoured to be early candidates for the position.
Source: Goal UK