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This video demonstrates how to reduce an Excel file size without deleting any data. Firstly, make a copy of the file. To reduce the size, compress the picture size by selecting the picture, going to Picture Format, and compressing under Adjust. Choose different options to compress the picture format. An alternative method is to go to File, More, Options, Advanced, and choose image size and quality settings to discard editing data and not compress image files. This ensures that pictures are always compressed automatically.