To shrink cell contents in Excel, first select the cells you want to format. Then, go to the Home tab and click on the small arrow in the bottom right corner of the Font section. A drop-down menu will appear. From here, select "Shrink to Fit".
Your selected cells will now have their contents shrunk to fit within the cell boundaries. If you want to increase the amount of shrinkage, you can select "Shrink Font" from the same drop-down menu. This will reduce the font size of the cell contents even further.
You can also use the "Wrap Text" option to automatically shrink cell contents. To do this, simply select the cells you want to format and click on "Wrap Text" from the Home tab. The contents of your cells will now be wrapped within the boundaries of the cell, allowing you to see all of the information without having to resize the cells.
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