Rank	Company Name	Employees in Mass.	Employees Worldwide
1	Bell Atlantic Corp.	18,000	140,750
2	The Stop & Shop Supermarket Co.	16,340	38,000
3	Raytheon Co.	14000	108000
4	Fidelity Investments	12,744	30,280
5	State Street Corp.	12159	16816
6	CVS Corp.	10,687	98,000
7	The Star Market Company	10,000	10,000
8	BankBoston Corp.	8669	24608
9	Shaw's Supermarkets	6,699	16,543
10	Genesis Health Ventures (formerly Multicare Cos.)	8,000	46,000
11	General Electric Co.	7,300	293,000
12	Compaq Computer Corp.	7,000	71,000
13	Lucent Technologies	6,759	143,000
14	Fleet Financial Group Inc.	6378	35000
15	John Hancock Mutual Life	5,798	10,015
16	Sun Healthcare Group	5,730	70,000
17	Putnam Investments	5,716	5,884
18	Gillette Co.	5573	43100
19	United Parcel Service	4413	103000
20	Lotus Development	4,000	8,500
21	EMC Corp.	3800	9400
22	Friendly Ice Cream	3800	14750
23	Staples Inc.	3670	38000
24	Massachusetts Mutual Life Insurance Co.	3,500	5,000
25	Allmerica Financial Corp.	3357	6377
26	New York Times Co.	3,300	13,200
27	Marriott International Inc.	2,948	133,000
28	BEC Energy	2919	2919
29	Liberty Mutual Group	2,800	37,000
30	Thermo Electron Corp.	2700	23660
31	New England Electric System	2658	3540
32	Analog Devices Inc.	2600	7200
33	Blue Cross and Blue Shield of Mass.	2,574	2,574
34	BJ's Wholesale Club Inc.	2539	12500
35	Boston Scientific Corp.	2503	12000
36	Primark Corp.	2500	2900
37	Healthsouth Corp.	2,394	36,653
38	Genzyme Corp.	2341	3556
39	Mellon Trust/The Boston Co.	2,300	28,000
40	Quaker Fabric Corp.	2211	2252
41	New England Financial	2,134	2,134
42	UST Corp.	2096	2096
43	Reebok International Ltd.	2011	6600
44	Hasbro Inc.	2,000	9,000
45	Nortel Networks (formerly Bay Networks)	2,000	75,000
46	Walgreen Co.	1,972	77,405
47	Bradlees Inc.	1,946	4,844
48	Teradyne Inc.	1900	6800
49	Filene's Basement Corp.	1760	3340
50	AT&T Corp.	1,754	108,000
50	Data General Corp.	1700	4700
Source: Nordby International, Inc., Boulder, Co.