Should I switch in the current market? (Need guidance from experienced folks)

Hey folks, I have been working in startups for my entire experience and was wondering if it would be worth it to switch to a bigger org for better growth/learning in this market?

My reasons to switch

1. Low learning potential: I am a senior SDE here and WLB here is really good, too good in fact (I barely work a couple of hours if even that), this is leading to a lower learning potential, the work I get assigned, I complete in a couple of hours and while I have been given bigger projects, the learning is not there, I can easily complete them, and since I am the senior SDE here, I cant ask anyone to review my code/performance

2. Startup is in early seed stage, and there is definitely an uncertainty here about surviving till next year

3. I wasnt given much of a hike despite a level promotion (just 10%).

My manager is really awesome and one of the best guys I have ever worked under and honestly I wouldnt even think of switching if I had 5-6 YOE but at this point, I think i need to learn more and get some more guidance/review from experienced folks to grow. My salary is decent, but having my friends work in FANG/FANG-equivalent is definitely not helping my FOMO, specially when I hear about their projects in their orgs and compare it to mine which are nowhere near theirs in score or complexity.

and the reason why I am hesitating to switch is seeing the layoffs news coming in everyday, I can prep for interviews in the next couple of months and probably apply then but seeing all of these layoffs and folks finding it hard to land jobs is making me fear that I will lose this job with nothing to show for it in the end.

So, should I switch in this market or stick it out in my current org until market situation improves (considering it wont improve until next financial year)?

EDIT: posted this again because I couldn't edit the last post