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On Sunday, Ajax suffered their fourth straight defeat in the league after going down 4-3 away to Utrecht.
The defeat leaves Ajax 17th position on five points after seven games in the 18-team league table.
Reacting on his former teams display in the first half, when they were 1-0 down, Oliseh described it as sad to watch.
The 1994 AFCON winner also stated that there is the possibility of the four-time Champions League winners getting relegated.
Its been quite Sad watching an Extremely disappointing Ajaxs 1st half today, he wrote on X.
I have never seen my ex-club this poor! At this rate, Ajax just might get relegated as strange as it sounds. Lots of work needs to be done on all sections!!
Oliseh played for Ajax from 1997 to 1999 and won the league in the 1997-98 and the Dutch Cup in 1998 and 1999.
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