This is a classic trap that new managers fall into. It's not the number of meetings that you are judged by. It's how effective you are in execution and how well can you drive your team(s). The meetings are just a means to the end.

I've been in management for a long time now and have managed managers. Frankly, I would cut as much as I can and skip as much as possible _while_ being able to do my job - which is to drive results, quality and other team performance metrics.