This is an acceptable filter for me on both sides of the table.
You are interviewing them as much as they are interviewing you. Where you work should be a major life decision. These are the humans and craft you’re going to spend your time with/on for 40+ hours a week for years. You aren’t going to get a glimmer of understanding of the culture, people, and work in a single 45 minute interview (short of major red flags).
If all you’re doing is looking for a job, any job, I get this sentiment - and the other side of the table needs to be looking for a butt in a seat, any butt, and then these shotgun interviews work.
But if you’re optimizing for career and quality of life, having an extended diligence process is a pro, not a con. Especially since that means the team you’re joining has passed muster in the same diligence process when they were hired.
A strong diligence process signals the company takes who they hire seriously - and that the people who work there take where they work seriously.