Is there such a thing as "overqualified"?

Is there such a thing as "overqualified"?

https://fedia.io/m/[email protected]d/t/946487

Is there such a thing as "overqualified"? - Ask Lemmy - Fedia

Or is it just a term made up to find an easier reason to reject job applicants?

We are semi-skiller labor and won’t hire someone with decades of experience because they’ll be too stuck in their way to conform to our standards and operations.