Premium exercise equipment maker True Fitness Technology Inc. will let go more than 50 employees this summer in an outsourcing move aimed at cutting costs. The O'Fallon, Mo.-based company, which Frank Trulaske founded, owns and leads, notified the Missouri Department of Economic Development about the job cuts in a Worker Adjustment and Retraining Notification (WARN) Act notice recently. True Fitness had 277 employees early last year, according to Business Journal research.