On Thu, Dec 27, 2012 at 6:17 AM, Ranjan Maitra wrote:
But I was wondering if there is an open source way to achieve the same
result in Fedora?


I've used ghostscript to "optimize" some very large PDF documents. Maybe not exactly what you want, but it worked pretty well in my case, thus:

gs -sDEVICE=pdfwrite -dCompatibilityLevel=1.4 -dPDFSETTINGS=/ebook -dNOPAUSE -dQUIET -dBATCH -sOutputFile=<output file> <input file>