Olivetti Office U.S.A., Inc., was located in Newington, Connecticut, and its workers were represented by the United Automobile, Aerospace, and Agriculture Implement Workers of America. The company’s president reported to the union that Olivetti was losing money. He insisted that unless the union renegotiated certain wage increases in the current CBA, Olivetti would subcontract work to cheaper parts of the country to save money. The union requested to bargain over the proposed subcontracting, and Olivetti agreed. But when the sides met, the company would not permit the union to see the financial data that supported its arguments. After several meetings, the company declared an impasse, implemented its subcontracting proposal, and laid off workers in Connecticut. The union claimed this was a ULP. Was it?