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Awesome Lily Flower TattooLayoffBlog01-27 01:32 PMAshland Inc. (NYSE: ASH) said Tuesday it lost $119 million in its first fiscal quarter, and plans to cut its work force by 1,300 jobs, freeze wages and adopt a two-week furlough program.The chemical company blamed the loss in the first quarter on a severance charge, writedown and the acquisition of Hercules Inc. It said [...]http://