Apologies for the delay.....
They are hiring with 500 total and 200 multi, or something like that. A mate who's an FO there thinks it's pretty scary because he knows that he was not fit to fly the jet he's on when he had 500 hours. However, he concedes that when you think that they are only a first officer and can't (by law) upgrade until they have more than twice that amount its not that bad. The fact they will be able to upgrade to captain in less than a year which means that they have not even seen all of the different weather throughout the year is a different matter.
Unusual for a US outfit to hire at such low hours, especially post 911. How much to convert JAR CPL/IR fATPL to FAA then?
VFE.