No, but you also shouldn't romanticize Bell Labs _too_ much. It was not exactly a fun place to work. You got a 2 year postdoc and then you were out, and those two years were absolutely brutal. Its existence was effectively an accounting fluke. Nothing like it really exists now because it would largely be seen as an inefficiency. Blame Jack Welch, McKinsey, KKR, HBS or whoever you like.