General manager Dale Tallon promised to take action to alter the direction of the team after the Panthers dropped their sixth consecutive game -- a 4-3 overtime loss to the Edmonton Oilers.
"There will be changes ... ," Tallon told the Miami Herald. "I don't make rash decisions. None of us are happy. I have to fix this and I will. We're better than this."
The Detroit Red Wings placed winger Jordin Tootoo on waivers, MLive.com reported.
Tootoo, 30, played in eight games this season and had no points and a minus-4 rating.
Anaheim Ducks right wing Teemu Selanne was scheduled to return to action in Wednesday's game against Phoenix after missing three games with a mouth injury.
Selanne, 43, lost four teeth and needed stitches to close cuts around his mouth after being hit in the face with a stick during a game in Philadelphia on Oct. 29.
Minnesota Wild defenseman Keith Ballard, who recently returned after being sidelined by a concussion, will miss the next two games with an upper-body injury.