In my experience data science interviews in any corp that are serious about hiring the right folks are increasingly based on previous projects, case studies and critical thinking in addition to a little bit of testing for programming and sql skills.
Some still test critical thinking using DSA (a small red flag in my opinion) but most are discarding it in the favour of discussing solutions to real life problems that are specific to the domain that the company is working in. In addition to how the problem will be solved, two other dimensions that get tested are the ability to understand what and being curious enough to find out why.
The non deterministic nature of the problems that are being solved makes it hard to carve out a generalized process akin to what we have for SDE hirings ( multiple rounds of DSA )
In the long run if you are aware of what you are getting yourself into and really love what that entails then it's never a wrong bet irrespective of what you bet on.
On the contrary just choosing a career path , your decision driven by it being the new fad instead of you being naturally curious about it , does not end well , again that is not specific to DS.