Someone might join if they are desperate enough and hop at the next better opportunity, that's what I would do. Aren't you worried this will be a waste of time?
Anybody surprised that the tech sector in Germany is in the state it's in?
Jobmarket in Germany is currently crashed; most people would be happy to get an offer for "only" 60k
Definitely not true for full stack developers with more than 1-2 YOE
If you lose your job right now, expect a minimum cut of 20-30%