The default timezone is UTC.
The advantages of using UTC as your one true time zone include
You can configure your Google Calendar to see both your locale timezone and UTC Timezone.
We use Central European Time (CET) for all our meeting timezone.
This is so that the DST change impacts the least possible amount of people. As of today, October 2022, 68% of the team observes a daylight saving change, and the shift is synched with CET for 60% of the people. We track this number with:
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We will update the meeting timezone based on how many people observe a daylight saving change. For example, the US removing the DST change will have an impact.
https://www.worlddata.info/timezones/daylightsavingtimes.php