No decision, no meeting
If nobody can name what changed because the meeting happened, cancel it for two weeks and see if the work still ships.
Calendar versus payroll
What is this standing meeting costing you?
A meeting with no decision and no named owner is a payroll line. Four inputs. Under $3,000 a year, leave the calendar alone.
One minute
Annual cost = meetings × (minutes ÷ 60) × people × rate × 1.3 × 48. Under $3,000, leave it.
The invite list is the leak
People accept because it is cheaper than arguing. Price the room. Then cut it.