Recurring Job starts a lot of new thread even if it is set worker count value to 10

I have few thousand recurring jobs that run around midnight every day but when running a recurring job sometimes it starts hundreds of new threads even though I have set to Worker Count 10. Has anyone encountered this issue before?

Here is my hangfire configuration (in aspnet core app):

In Service Configuration:

        services.AddHangfire(c => c
            .SetDataCompatibilityLevel(CompatibilityLevel.Version_170)
            .UseSimpleAssemblyNameTypeSerializer()
            .UseRecommendedSerializerSettings()
            .UseSerializerSettings(new JsonSerializerSettings { ReferenceLoopHandling = ReferenceLoopHandling.Ignore })
            .UseSqlServerStorage(configuration.GetConnectionString("HangfireDbConnection"), new SqlServerStorageOptions
            {
                CommandBatchMaxTimeout = TimeSpan.FromMinutes(5),
                SlidingInvisibilityTimeout = TimeSpan.FromMinutes(5),
                QueuePollInterval = TimeSpan.Zero,
                UseRecommendedIsolationLevel = true,
                UsePageLocksOnDequeue = true,
                DisableGlobalLocks = true
            }));

In App Configure:

        var backgroundJobOptions = new BackgroundJobServerOptions
        {
            Queues = new[] { "admin" },
            WorkerCount = 10,
            ServerName = "cloud"
        };
        app.UseHangfireServer(backgroundJobOptions);