I'm not sure I agree with the approach, but this seems overstated. At least from an engineer perspective, there are sub-$70k engineer jobs. That four person team could be $250k. Also, they could be pulling that internally instead of external hires.
While some of them might be internal hires, to the extent that they were previously productive, those jobs will have to be replaced, and to the extent that they were not, they will be incentivized to make broad decisions whose eventual costs may fall upon the public in terms of lower responsiveness or less effective outcomes or the loss of impartiality.