Jones is being waived with a failed physical designation, according to ESPN's Rob Demovsky.
Jones, a sixth-round pick of the Jets in 2017, was supposed to add another body to the defensive backfield for the Packers and presumably with the intention fueling competition for the remaining three preseason games.
Jones has played in just four career games in his two seasons in the league, accumulating three total tackles in that span -- all three of which came in 2018.
The Packers still lack Kevin King, who remains sidelined from practicing with a hamstring injury.