When employers list a specific GPA requirement, is it final?

I ask this because I am a electrical engineering major and I don't have a 3.0 GPA, which seems to be the threshold for most companies looking to hire college students. I would like to apply for most companies but I do not meet this requirement. I want to note that I usually don't meet this requirement and about two or three more, an my GPA is not even close to a 3.0. Does this requirement automatically disqualify me from the position or should I apply regardless of my GPA?

Thank you.

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