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Neither move will particularly come as a surprise, as both players had found themselves on the fringes of the squad in the last few months.
Danny Guthrie's contract expires this summer and he joins Fulham for the last few months of that contract. It's long been rumoured that the midfielder would be leaving the club on loan, as we reported in January - and his own advertisement of his services on Twitter certainly fanned the flames that he was available for any interested party.
Steve Clarke's comments on the loan deal on the official site make for interesting reading, even if he's just confirming what we already suspected - "Danny’s time at Reading Football Club is coming to an end this summer. When this opportunity presented itself it was only right to allow Danny the chance to play some matches."
The midfielder joined the club on a free transfer three years ago and had an interesting career at Reading, from lobster thermidor fights at his wedding to refusing to travel to a Premier League match in Sunderland because his "head just wasn't right". He also won our Player Of The Month vote in August and September 2013, but has struggled with injury since then. The arrival of Nathaniel Chalobah in January only pushed him further down the pecking order - he will be hoping he can impress at Craven Cottage to secure a deal there or elsewhere next season.
Jake Taylor, meanwhile, joins League One outfit Leyton Orient until the end of the campaign. Orient are currently embroiled in a battle against relegation, three points from safety and four behind Coventry City where Dominic Samuel is currently scoring for fun - coincidentally, the two teams face off at the Ricoh Arena next Wednesday night.
Taylor had a knack of scoring key goals for Reading, including the only one in our first League win of the season at home to Ipswich, and the solitary strike in our victory at Scunthorpe in the League Cup. But like Guthrie, he's seen his opportunities dwindle as the season has gone on - experience in League One for a few months can only serve him well.
Best of luck to the two of them - meanwhile the Royals have brought a striker in on loan which you can read about here...