Is this a one off or a common thing or have you not been there long enough to know? Like I had one job where every quarter we had a meeting to go over division success(we made x dollars, we launched x product etc). Then about every 6 months we had a smaller meeting where we went over successes of group success(solved this problem this fast, saved x money by doing y etc) . Then weekly we had a team meeting where we were supposed to have some success(report is written and will be out for review by eod, successfully ran this test and got good results etc).

These were regular and never anything bad but like it could seem bad because on weekly meetings manager would be like "next week there is a mandatory meeting with all of his manager team, please be sure to attend". If you didn't know the cadence of these meetings I could see them causing anxiety. Then again I wasn't a fan of that manager anyways...