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This video tutorial shows how to reduce Excel file size without deleting data. Start by saving a copy of the Excel file. The first step is to compress picture size by selecting the picture and going to Picture Format, then choosing Compress under Adjust. You can choose different options to reduce the picture format. An alternative method is to go to File, then Options, Advanced, and scroll down to Image Size and Quality. Make sure to select Discard Editing Data and uncheck Compress Image File to reduce the file size.