It might be a case with some organizations, but if you are looking for a better job then a PRINCE2 certification is a must. It adds to your resume and is often the entry criteria for many companies.
I would beg to differ
I have never seen Prince 2 being an entry criteria for a PM job (well outside of public sector) and if Prince 2 is mentioned is usually an indication that the company hiring has public sector clients / contracts which would like to see it
I work for a company with several hundred PMs and I could probably count, on one hand, how many have Prince 2 and that is purely for public sector clients
I would like an IT focused PM qualification