According to this article, yes it does have various symptoms including cognitive deficiencies that make us more prone to errors and less efficient :
Circadian rhythms biologically program us to stay awake during
daylight hours and sleep at night. Shift work goes directly against
what our bodies desire to do, and those that struggle with this may
suffer from shift work sleep disorder (SWSD).
... symptoms may include headaches, weight gain, gastrointestinal
issues, fatigue, attention and concentration issues, work absenteeism,
irritability and depression. ... Worst of all, shift workers are at a
significantly greater risk for vehicular accidents and mistakes at
work.
The ideal situation is to maintain a steady sleep-wake schedule seven
days a week, allowing for 7-8 hours of sleep. Although difficult to
follow, it can be extremely helpful to help reset circadian rhythms.
It can be especially tough on days off, when desires to socialize in
the daytime and maintain more “normal” sleep periods kick in.
Additonal reference