The Giants are placing Justin Pugh on injured reserve, according to Paul Schwartz of the New York Post (on Twitter). The offensive lineman is being shut down due to a back injury, but the good news is that he will not have to undergo surgery. 
Pugh is due for free agency and with a new GM on the way, this could mark the end of his tenure with the Giants. The 27-year-old (28 in August) has spent his entire career with the G-Men since entering the league as the No. 19 pick of the 2013 draft.
Pugh has started in all 63 of his games for the Giants, though he has not played a full 16-man slate since his rookie season. This year, he appeared in eight games as both a left guard and a right tackle and graded out as the No. 52 guard in the league, per Pro Football Focus. In the previous two seasons, however, Pugh placed in the top 20.
The 2-11 Giants will wrap up the season with games against the Eagles, Cardinals, and Redskins.
Giants rarely resign their own picks. I wonder if that will change with the new GM because they usually let the good ones go.