Goalkeeper Blair Currie, who was on the bench for eight first-team fixtures in December and January, is leaving Murray Park and is poised to join Hamilton Accies.
Gregor Fotheringham, who spent time on loan at Forfar this year and started three Second Division games for them, is also moving on.
Completing the list of those departing are Northern Ireland youth cap Matty Clarke, Travis Gregory, Jordan Wilson and Glody N’Tumba.
Director of Youth Development Jim Sinclair admits telling players they are no longer required is one of the least enjoyable parts of his job.
But he is optimistic each of those whose times at Auchenhowie are coming to an end can find clubs elsewhere.
Sinclair said: “It’s always very difficult at this time of the season to have to tell these lads they don’t have a contract at Rangers any more.
“For the likes of Blair and Gregor, they’ve been here for a long number of years so it’s with genuine sadness we see them go.
“We thank them and the other lads for all their efforts for us. Wee Travis has only been with us this season but he has given us everything he could.
“Now they need to try to pick up their careers elsewhere and we’re confident they will do that and we wish them all the luck in the world with that.
“They’re all hard-working lads with decent levels of ability so I would hope they’ll all be able to find a niche for themselves somewhere.”
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