RESEARCH TRIANGLE PARK – The Triangle job market is showing record-low job opening numbers this week, according to TechWire’s exclusive jobs report — but 49 of the top 50 Triangle companies tracked by WRAL TechWire for job trends in information technology are still hiring.

These openings could be welcome news to job seekers who recently experienced a job cut. US-based employers announced 287% more job cuts this May than in May 2022, according to a new report from executive coaching firm Challenger, Gray & Christmas Inc.

There were 80,089 job cuts in May, as compared to 20,712 layoffs in the same month last year—and of those 80,000 US workers who were laid off, 3,900 of those cuts were due to AI, according to the report.

For 12th time in ’23 Triangle job listings hit new low – but ‘cooling’ may be good thing?

“We do believe A.I. will cause more job loss, though we are surprised how quickly the technology was cited as a reason,” Andy Challenger, senior vice president of the recruiting firm, told Fortune. “It is incredible the speed the technology is evolving and being adapted.

With 241,071 opportunities currently available (not taking into post duplications), the wider Triangle job market showed a 30.5% decline in job postings compared to this time last year. But, collectively, the Top 50 firms that TechWire tracks showed over 2,300 openings this week. Out of these 50 companies, Fidelity has the most openings with 301 postings.

Here are the numbers: