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In this video tutorial, you will learn how to reduce the size of an Excel file without deleting any data. The first step is to compress the picture size by selecting the picture, going to picture format, and choosing compress under adjust. You have different options to compress the picture format to reduce the file size. Alternatively, you can set the default compression settings by going to file, options, advanced, and adjusting the image size and quality settings. Make sure to select discard editing data and choose not to compress image files to reduce the file size effectively.