Belsham will remain with the company until August.
Jet leaders will now report to Kieran Shanahan, who's been overseeing Walmart's food, consumables and health-and-wellness divisions online.More than two years after Walmart bought Jet.com, the discount retailer is taking steps to more fully integrate the e-commerce platform into its own business. "We don't have the same need for a dedicated leader," at Jet anymore, said Marc Lore, the co-founder of Jet.com who now serves as the head of Walmart's e-commerce business in the U.S.A Walmart spokesman told CNBC there are no layoffs planned because of these steps, and Jet will keep its headquarters in Hoboken, New Jersey.
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