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This video tutorial demonstrates how to reduce the size of an Excel file without deleting any data. Before proceeding, it is important to save a copy of the file. The initial file size is 1232 kb. The first step is to compress picture sizes in Excel by selecting the picture, going to Picture Format, and choosing to compress under adjust. Different options for compression are available, such as setting a specific ppi for optimal printing. Alternatively, you can go to File, then Options, and finally Advanced to set default image size and quality settings. This ensures images are always compressed without manual intervention.