Your PhD is not a liability. Employers don't see you as overqualified - they see you as perfectly qualified, especially for technical work. ... Most hiring managers and recruiters don't have a PhD, so they will value someone who does. They will welcome your expertise, and you'll be paid well for it.

Does a PhD make you less employable?

Data suggests that PhD students are very employable, with the majority finding work or going on to further training (such as a 'PostDoc') after graduation. As you can see from the table below, a PhD can certainly make a difference to your employment prospects when compared with a taught Masters qualification.

Will a PhD hurt my career?

The idea that getting a PhD is going to hurt your chances of getting an industry job is a misconception. In fact, most PhDs go on to get jobs in industry and most get paid more than non-PhDs in the same position. The only way a PhD will hold you back from getting an industry job is if you use it as an excuse.