[aquickbrownfox]

It depends how big a “team” you consider. At the 5-10 level maybe not. At the 30-50 level most likely yes. At the 100+ level there are certainly a few.

In the well run orgs at Amazon the bell curve is applied at the larger scales where it makes sense.

[fabianholzer]

I would use different terms for such organizational units (group, department, division), team, in my mind and use of language, would mean low two-digit (at most) number of people reporting to the same manager and collaborating on similar topics.

But sure, the larger the structures the more likely regression toward the mean will kick in.