Accurate, except it's not hiring managers who are making that miscalculation. By and large, hiring managers will see a PhD and be like "yay, give them an inter

Accurate, except it's not hiring managers who are making that miscalculation. By and large, hiring managers will see a PhD and be like "yay, give them an interview." Its the interview with an engineer where things break apart, because the engineer expects a PhD to be solving things the same way he would despite coming from totally different backgrounds. (This is born out in the OP's experience, as he got many interviews but few offers.) For once, hiring managers aren't to blame.