The Packers waived Taylor on Tuesday, Rob Demovsky of ESPN.com reports.
Taylor appeared in four of the Packers' opening five games as a practice-squad call-up but was officially signed to the 53-man roster ahead of Monday night's loss to the Raiders. He's carried 11 times for 31 yards on limited chances behind Aaron Jones and AJ Dillon. Taylor is a candidate to return to Green Bay's practice squad should he clear waivers.