I’d already left a couple of years. Most Bell Labs stuff is closer to research than development anyway.
It seems to me that if one were desperately looking for an objective measurement of what the lab was currently accomplishing, it would involve looking at the quality and retention of its hires. It sounds like they dropped the ball.
Basically Alcatel-Lucent was broke and was bought out by Nokia with Microsoft money. Nokia is now also broke and they're pawning the good silver.