There’s no simple answer as to whether or not bosses in general are trusted. There are a bunch of variables both inside the company culture as well as with an individual manager’s personality and performance that can affect trust.
That Senior Management treats employees with respect and dignity – 43% rate them Excellent/Very Good That their Immediate Supervisor treats employees with respect and dignity – 52% rate them Excellent/Very Good
Across the board on these types of issues, direct bosses come out ahead of senior management on issues of trust. There is variability across different industries, of course, but in general the pattern holds.