i am talking in case of on page seo. if 10K+ 301 every day is good or not

Hello

We have a job portal. More than 5000+ new jobs posted and almost same remove

When a job remove from our website then we do not show 404 error. We simply 301 redirect to similar job url, many times new job page created with this 301 reidrect

My question is

More than 2000 jobs every day remove then every job 301 redirect to another pages, so there are 2000+ 301 redirect every day, it means everymonth 60000 301 redirect happen

Is it good for on page seo?

What we should do when job remove ? Should we simply display 404 Page not found error or what we should do for Good on page SEO

Please suggest

Regards Gaurav