With rare exceptions, management wants to hear 'no problem' and that 'everything is fine'.
The next thing to do is a PowerPoint chart for the 2nd level managers showing names and stress levels over time with trends.
This makes me so sad. As a manager (formerly an engineer), I want to hear about problems as soon as possible! I can help! It's my job to clear roadblocks, to help find interesting projects, to keep the team working well together for the long term.
It doesn't do me, the engineer, the project, or the team any good to hide problems. Such a bummer when managers push for short term results over the long term health of the team.
OTOH, directors/VPs (and other intermediate levels in larger firms) are not only the people that senior technical staff will run to for various reasons, but also are the folks who love to hear 'no problem' and that 'everything is fine'. Bringing them things to worry about is best done cautiously. In the final analysis, the worker bees are ERUs.
YMMV (very much so) of course. I can speak only for about a dozen companies. The world is a big place.
Also you should leave when there is more middle management then people who do real work.