Gregg Wylde says it was 'a massive relief' to sever ties with financially-crippled Rangers and offer hope to other employees at the club.
The Scotland U21 international took the selfless decision to walk away from Ibrox on Tuesday, accepting a voluntary redundancy.
He hopes that by waiving his right to any compensation, other jobs at the Glasgow club can be saved.
He told the Scottish Sun: "It was dragging on and on so I just decided to put my hand up to go to try and save some jobs. I just wanted to help the club.
"There are people in there who need a wage more than I do right now.
"My wages might not save a lot of money in the grand scheme of things but I'm just glad to be able to help in some way.
"It's over for me now. I've got to be honest and say it's a massive relief."
Wylde is not expected to find himself without a club for long, but the 20-year-old admits a frustrating end to his time with Rangers continues to dominate his thoughts at present.
The promising midfielder said: "I feel so sorry for all the boys who are left. I think all of us just feel massively disappointed we've been left in this state.
"Everyone's been hopeful that, somehow, we can all move on from it. You've got to keep believing that the club can recover and become stronger for it.
"There's anger there, absolutely. You don't really know if it's (owner) Craig Whyte or someone else to blame.
"We've been let down at every turn. The club haven't paid their taxes and it's come back to haunt us.
"Last year we were celebrating the league. We were hoping to do the same this season.
"But this has come from nowhere and just floored us."