What kind of positions are you trying to get into? Many big companies have research divisions that heavily recruit from Ph.Ds (Microsoft, Yahoo, Google, etc).

What kind of positions are you trying to get into? Many big companies have research divisions that heavily recruit from Ph.Ds (Microsoft, Yahoo, Google, etc). If on the other hand you're gunning for a standard developer position, you're definitely going to have a hard time because of who you're competing against as well as the stereotype of Ph.d's like you mentioned.