Yes, that's how it works. If you delete ANY content item (open position, topic, downloads file, gallery image, etc.), it will show like that for moderators who can view deleted content. Regular members won't see it.
You can view the deleted content on Moderator CP -> Deleted Content. Once you delete it from there, it will completely disappear. 30 days is the number of days (setting on ACP) to get completely deleted. In your image, see the message when you hovered the trash icon.