Definitely. At the last corporate job I had I was told at the very beginning of the interview that I was overqualified and that the only reason I was there was because their trainer (a former coworker of mine) said they had to interview me.
I got the job. I was thinking about quitting when they fired me because I didn't park my car on the property because I was following the rules.
I was thinking about quitting because the place was a total mess. The first clue was during the interview they warned me they didn't have KPIs at this call center job. When I actually started working I noticed that I had no one person to report to, massive inefficiencies, I could have spent a day or two creating from scratch their much needed IVR and that after three months on the phone not one person I started with had had a review of any kind. I had 20 years of call center experience and 20 years of Linux administration and I was fighting back every urge to rearrange the furniture because this major company was a complete shit show. I was over qualified. I should have never taken the job. They should have never hired me.