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In this video tutorial, you will learn how to reduce the size of an Excel file without deleting data. It is recommended to save a copy of the Excel file before making any changes. The first step is to compress picture sizes by selecting the picture, going to picture format, and choosing compress under adjust. Different options are available for compressing the picture format. An alternative method is also discussed to always have compressed pictures without manual adjustments. This method involves going to file, then options, advanced, and selecting image size and quality settings. Be sure to choose discard editing data and don't compress image file options to reduce file size.