I've worked on teams with that attitude - and a _single_ mis-hire created large problems. Sure, you can fire people, but
a) Once you hired somebody, you already spent a lot of money on them
b) It affects team morale. No matter what skills people have, team mates still form personal attachments. Seeing somebody go is hard.
c) Firing means HR and legal need to spend a lot of time to make sure this is handled properly. So, more cost.
So, I'd rather have false negatives than false positives overall.