Professor Excel
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Study: What Really Helps to Reduce the File Size of Your Excel Workbook

You’ve just finished your work and want to send your file to your boss. He is waiting for it. But instead of sending the email, you just receive and error: The file size is too large. This is the moment you tell yourself not to panic. And actually there is no reason to panic. There are many ways to reduce the file size of your Excel workbook.