Jones Lang LaSalle said today none of the staff being made redeployed or laid off as part of a UK cost-cutting review are from its Manchester office.
The agency said in statement: "Jones Lang LaSalle is clearly managing our cost base to reflect current market conditions but will take advantage of weaker markets to further strengthen its position. The firm will continue to look at ways in which it can redeploy staff within business lines and geographies.
"Jones Lang LaSalle has a bigger pipeline of business than ever before as investors and occupiers seek our advice."
The cuts are thought to impact only a small handful of staff with one source reportedly claiming they could be counted on the fingers of two hands.
The firm, which opened in Manchester in 1995, employs 65 people in the city and is set to relocate to new offices in Chancery Place, by Irish developer Blue Cube, at the end of this year.