29 Roles came off the board this week. The number of hiring companies held flat at 22.
The market didn’t shrink; it cleared.

Active roles fell from 121 to 92, while the number of hiring companies remained at 22. On the surface, that looks like a pullback. In practice, it reflects a wave of roles coming off the board.

The top four employers now account for 47% of openings, down from 52% last week.

What Changed

Fewer postings, more movement

The shift this week was not contraction, but turnover.

  • Active roles: 92 (down from 121)

  • Hiring companies: 22 (unchanged)

  • Top-four share: 47% (down from 52%)

  • Hiring Index: 150.0 (down from 154.0)

  • Median roles/company: 3

29 roles came off the board while relatively few were added. The total fell, but the employer base did not.

The signal:

This was a clearing event, not a demand shock.

  • Top 2: 26 roles (~28%)

  • Top 4: 43 roles (~47%)

  • Scaling companies (3+ roles): 12 (flat)

The same core continues to define the market: Spellbook, Kraken Robotics, CoLab Software and Avalon Holographics.

But they’re carrying less of the total load than last week, a subtle but important shift.

Company Insights

  • Spellbook remains the largest board at 14 roles, but is down from last week.

  • CoLab Software dropped sharply (15 → 9), one of the largest contractions in the dataset.

  • Kraken Robotics held steady at 12 roles, acting as a stabilizer.

  • Vision33 Inc. continues to edge upward (6 → 7), reinforcing steady services demand.

  • Avalon Holographics held at 8, maintaining its position as a consistent hardware signal.

Selected Roles

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Function Mix

Function

Current Roles

Prior Roles

Delta

Engineering

24

43

-17

Sales

17

25

-8

Operations

23

17

+6

Product & Design

8

6

+2

Marketing

9

8

+1

Finance

3

7

-4

People & Legal

4

4

0

Customer Success

4

11

-7

The decline was concentrated in core roles, particularly engineering (-17) and sales (-8).

Those are not peripheral functions. When core roles come off the board at this scale, it usually reflects positions being filled rather than demand disappearing.

This reinforces the central signal: the market is clearing, not contracting.

Layer Breakdown

Layer

Change from Last Week

Market Concentation

Core (Eng/Sales/Product)

-24

53%

Execution (Ops, Marketing, Finance)

-3

38%

Support

-8

9%

Core roles accounted for the majority of roles coming off the board.

When core roles move first, it typically reflects completion, not hesitation. Teams are finishing builds, not pausing them.

The Undercurrent (Why This Matters)

The market is moving, not growing.

This week’s drop in active roles was driven by positions coming off the board, not by reduced hiring activity.

  • The top tier is turning over roles faster, reducing concentration

  • The middle still carries the market (43 of 92 roles)

  • The company base has not expanded (still 22)

This is what a functioning hiring market looks like:

Not continuous growth, but continuous flow.

The next signal to watch is not whether roles return, but whether new companies replace the ones that just cleared demand.

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See all 92 roles

Full Roles List

Avalon Holographics

Big Land Networks Ltd

BreatheSuite

ClearRisk

CoLab Software

Compusult Limited

Granville Biomedical Inc.

Kerby-Reid Inc.

Kraken Robotics

NDITIVE

PAL Aerospace

Pingram.io

SmartICE Monitoring & Information Inc.

Solace Power Inc.

Spellbook

Verafin Nasdaq Canada Inc.

Verlo Finance

Virtual Marine Inc.

Vish Limited

Vision33 Inc.

trophi.ai

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