No, it was more like before they pushed "Enterprise Agile with a side of scrum", the team I was on, for 10 years, produced code on time, with very few bugs and only two regressions to production (caught during deployment). Afterwards (bought out, new management), we kept missing our deadlines, bugs proliferated, and deployments became nightmares. The meetings were the least of the issues, but they weren't helping any.