It really depends on what you specialized in and what you want to do. If youre in engineering and your university gets funding from a company, can be an easy path to employment.

That said, in general, the type of person who wants a phd doesn’t always have the same mindset as someone who doesnt. A big part of engineering in practice is realizing when you have enough information to make a decision and how to quickly and cheaply obtain that information, and that doesn’t always align with the work scope that gives the best information.