I'm in the Twilight Zone on this.
New .docx document. Latest version of Word 2011. No compress option, no compress button whatsoever. I've turned on the ribbon, selected the photo, and am not given the choice.
There is also no "Adjust" group in the ribbon! Or, in the control-click context menu!
Wondering what's going on!
I can add one wrinkle here. My photos were .jpgs that I copied and pasted from Preview.
Stranger still, I do NOT have a Photos item in the Insert menu.
Found a work around… Had to use Insert Picture, and add another photo that way. Then, Adjust and Compress shows up--and, with one picture selected, after picking compress, it will give you a choice of compressing ALL photos, including the ones that you
had pasted in. While doing that crashed Word, the recovered file had shrunk from 70 to 7 mb and now scrolls quickly!
So, it turns out that copied and pasted jpgs do NOT invoke a key picture commands, including adjust and compress!