Reducing Texture size in the editor

Bump
Just wanted to say, this still doesn’t have a solution unfortunately.

To clarify Maximum File Size setting is not what I’m looking for. This will only change the texture size displayed at run-time and compiled builds.
I’m looking for a way to bulk edit actual Uasset texture size to reduce the size of an unreal project on the disk. Manually reimporting smaller versions of textures is very slow.