Most people in corporate have no fucking idea what they are doing and a good setup will have these meetings focus everyone on the same thing and making sure they are progressing. This setup may not be useful for coding untestable and undocumented code in your basement, but it's very useful in big companies. Unfortunately there are also many twats that abuse this in order to make themselves look useful so it's very easy to end up in a broken system if no one is keeping an eye out for this.
I gave up on it fairy easily, because after it was forced on us, the market also responded by flooding with cheap and decent options for headphones, which I started trying out and slowly I stopped using a wire with my phone.
I still think bluetooth is not great, with a lot of weird connection issues even on expensive devices, which was never a problem with a wire, but I do enjoy the freedom it offers.