In the in office days meeting room availability dictated the number of meetings you could have a day. Virtual has created meeting hell for me at times.
That never stopped people having meetings. Before virtual you had good ol' teleconference and you were on the phone the entire day. You also had clients wanting a meeting or the company office in a different city/state/country/continent that wanted to discuss things so you travelled multiple hours for a one hour meeting in some cases. Fun times.
Time management and the ability to say no remain important, in office or work from home.