Makes me actually trust them when they say they have no intention to make anybody redundant if they can avoid it. They actually want to keep me employed if they can help it. The fact that I've turned up late 3 days a week for 2 years and never got written up for it attests to that too, I must be pretty good at coding I guess.
I'm grateful I don't work at a company where you get written up for being late. Sounds like high school.
Having said that, many organisations have standup meetings that aren't worth the time they spend. However, I don't think you can say apriori that this is definitely the case.
+1 to this. I work for an org that's on different coasts and, and different coasts in several countries. Synchronous and asynchronous communication is hard, and it's vital to have at least a 15 minute touchbase to make sure everyone is on the same page.