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Excel Size Issue 60MB XLSX

I have an Excel file with multiple people collaborating on it live, it currently sits at 60MB in XLSX format and when turned into XLSB it’s reduced to 37MB but with XLSB live collaboration is not available . At 60MB for people work on the file simultaneously there’s a lot of sync issues, so I need a way to at least reduce it by a few MB. I’ve deleted rows, there’s no Pivot tables, there’s a bunch of tabs and a lot of formulas. Any size reduction tips?

submitted by /u/Darknight296
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