Certainly what has been said here makes sense, if they take on the right balance of low timed guys, People with experience - but not enough to meet a minimum requirement, Direct Entry FOs. Then over all safety should not be too significantly impacted. But if every pilot they employ from now on has 200 hrs total time, then I would be concerned.
I applied for this only a few weeks ago, with 1500hrs total time, 100 hrs multi command (all PIC Multi Turbine), ATPLs and MEIR (but not current).