Is there likely much benefit to this? It might have made sense back in the day but today video and audio take up the bulk of the space, with 3d graphics being the next biggest culprit and orders of magnitude greater in size.
Anyway yes. From the point you could run a custom ROM you could have pulled it apart, excised the languages you did not care for and probably put it back together, or sorted what needed sorting and then put it back together.
To the best of my knowledge, and what basic computing would predict, there is no universal, or indeed all that common* format for text on the Switch, and I would not expect there to be one in the future as there is no great benefit to it and a fair few downsides for all sorts of things. This also means automated tools to do it... I could possibly see some kind of relative search (or enhanced text detection) do something that might be useful but realistically nobody is going to make such a thing.
*the DS technically had that BMG format but other than a handful of Nintendo own games nothing really used it.