Yes, but at that point it's an all-hands presentation, and you are basically doing a very careful presentation, thinking about every minute, because of how many hours the "meeting" is costing you.

Very different from the typical weekly/montly outage meeting, where discussion is actually expected, instead of being a ritual.

The meeting isn't the hard part—after all, shareholder meetings have huge audiences too. Enforcing mandatory attendance for myriads of employees is the hard part, so it's more likely mandatory in name only.