I recently started using lossless Jpegoptim ( GitHub ), and I get better results with this tool, very often close to Google Page Suggestions of speed, and sometimes even better.
I am on Linux, so if I go to the image folder, I just use this command to compress all the images:
jpegoptim *.jpg -s
Or use this if you want to compress only a specific image:
jpegoptim image.jpg -s
Basically, it selects all the markers from the output file, which sometimes can reduce the image size even by 50%! Image quality remains unchanged.
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