My work does a weekly "meeting" that's specifically just a hangout for everyone in the company, just to hang out and talk about whatever.

It's like a social hour every week, so we can get to know the boss and eachother.

I've worked at the place less than a year and there's been two in person social events so far with everyone, and at least three with my team additional to that.

The culture of the company is clearly important for them, and I'm happy about it. They do what's needed, and losing an hour of productivity every week isn't as important as giving everyone the opportunity to connect with eachother.