diff --git a/Kbuild b/Kbuild
index 1eac091594..bf52e54051 100644
--- a/Kbuild
+++ b/Kbuild
@@ -10,6 +10,8 @@ generic-offsets-file := include/generated/generic-asm-offsets.h
 always  := $(generic-offsets-file)
 targets := lib/asm-offsets.s
 
+CFLAGS_REMOVE_asm-offsets.o := $(LTO_CFLAGS)
+
 $(obj)/$(generic-offsets-file): $(obj)/lib/asm-offsets.s FORCE
 	$(call filechk,offsets,__GENERIC_ASM_OFFSETS_H__)
 
diff --git a/Kconfig b/Kconfig
index 86f0a39bb0..f8c1a77bed 100644
--- a/Kconfig
+++ b/Kconfig
@@ -85,6 +85,30 @@ config SPL_OPTIMIZE_INLINING
 	  do what it thinks is best, which is desirable in some cases for size
 	  reasons.
 
+config ARCH_SUPPORTS_LTO
+	bool
+
+config LTO
+	bool "Enable Link Time Optimizations"
+	depends on ARCH_SUPPORTS_LTO
+	default n
+	help
+	  This option enables Link Time Optimization (LTO), a mechanism which
+	  allows the compiler to optimize between different compilation units.
+
+	  This can optimize away dead code paths, resulting in smaller binary
+	  size (if CC_OPTIMIZE_FOR_SIZE is enabled).
+
+	  This option is not available for every architecture and may
+	  introduce bugs.
+
+	  Currently, when compiling with GCC, due to a weird bug regarding
+	  jobserver, the final linking will not respect make's --jobs argument.
+	  Instead all available processors will be used (as reported by the
+	  nproc command).
+
+	  If unsure, say n.
+
 config TPL_OPTIMIZE_INLINING
 	bool "Allow compiler to uninline functions marked 'inline' in TPL"
 	depends on TPL
diff --git a/Makefile b/Makefile
index c9b5fac7a9..952c165d8f 100644
--- a/Makefile
+++ b/Makefile
@@ -677,6 +677,28 @@ else
 KBUILD_CFLAGS	+= -O2
 endif
 
+LTO_CFLAGS :=
+LTO_FINAL_LDFLAGS :=
+export LTO_CFLAGS LTO_FINAL_LDFLAGS
+ifdef CONFIG_LTO
+	ifeq ($(cc-name),clang)
+		LTO_CFLAGS		+= -flto
+		LTO_FINAL_LDFLAGS	+= -flto
+	else
+		NPROC			:= $(shell nproc 2>/dev/null || echo 1)
+		LTO_CFLAGS		+= -flto=$(NPROC)
+		LTO_FINAL_LDFLAGS	+= -fuse-linker-plugin -flto=$(NPROC)
+
+		# use plugin aware tools
+		AR			= $(CROSS_COMPILE)gcc-ar
+		NM			= $(CROSS_COMPILE)gcc-nm
+	endif
+
+	CFLAGS_NON_EFI			+= $(LTO_CFLAGS)
+
+	KBUILD_CFLAGS			+= $(LTO_CFLAGS)
+endif
+
 KBUILD_CFLAGS += $(call cc-option,-fno-stack-protector)
 KBUILD_CFLAGS += $(call cc-option,-fno-delete-null-pointer-checks)
 
@@ -1746,6 +1768,20 @@ ARCH_POSTLINK := $(wildcard $(srctree)/arch/$(ARCH)/Makefile.postlink)
 
 # Rule to link u-boot
 # May be overridden by arch/$(ARCH)/config.mk
+ifdef CONFIG_LTO
+quiet_cmd_u-boot__ ?= LTO     $@
+      cmd_u-boot__ ?= 								\
+		$(CC) -nostdlib -nostartfiles					\
+		$(LTO_FINAL_LDFLAGS) $(c_flags)					\
+		$(KBUILD_LDFLAGS:%=-Wl,%) $(LDFLAGS_u-boot:%=-Wl,%) -o $@	\
+		-T u-boot.lds $(u-boot-init)					\
+		-Wl,--whole-archive						\
+			$(u-boot-main)						\
+			$(PLATFORM_LIBS)					\
+		-Wl,--no-whole-archive						\
+		-Wl,-Map,u-boot.map;						\
+		$(if $(ARCH_POSTLINK), $(MAKE) -f $(ARCH_POSTLINK) $@, true)
+else
 quiet_cmd_u-boot__ ?= LD      $@
       cmd_u-boot__ ?= $(LD) $(KBUILD_LDFLAGS) $(LDFLAGS_u-boot) -o $@		\
 		-T u-boot.lds $(u-boot-init)					\
@@ -1754,6 +1790,7 @@ quiet_cmd_u-boot__ ?= LD      $@
 		--no-whole-archive						\
 		$(PLATFORM_LIBS) -Map u-boot.map;				\
 		$(if $(ARCH_POSTLINK), $(MAKE) -f $(ARCH_POSTLINK) $@, true)
+endif
 
 quiet_cmd_smap = GEN     common/system_map.o
 cmd_smap = \
diff --git a/scripts/Makefile.lib b/scripts/Makefile.lib
index 78543c6dd1..78bbebe7e9 100644
--- a/scripts/Makefile.lib
+++ b/scripts/Makefile.lib
@@ -419,6 +419,9 @@ $(obj)/%_efi.so: $(obj)/%.o $(obj)/efi_crt0.o $(obj)/efi_reloc.o $(obj)/efi_free
 
 targets += $(obj)/efi_crt0.o $(obj)/efi_reloc.o $(obj)/efi_freestanding.o
 
+CFLAGS_REMOVE_efi_reloc.o := $(LTO_CFLAGS)
+CFLAGS_REMOVE_efi_freestanding.o := $(LTO_CFLAGS)
+
 # ACPI
 # ---------------------------------------------------------------------------
 #
diff --git a/scripts/Makefile.spl b/scripts/Makefile.spl
index 44ed6d6826..9c9d59635d 100644
--- a/scripts/Makefile.spl
+++ b/scripts/Makefile.spl
@@ -426,6 +426,22 @@ $(obj)/$(SPL_BIN).sym: $(obj)/$(SPL_BIN) FORCE
 
 # Rule to link u-boot-spl
 # May be overridden by arch/$(ARCH)/config.mk
+ifdef CONFIG_LTO
+quiet_cmd_u-boot-spl ?= LTO     $@
+      cmd_u-boot-spl ?= \
+	(									\
+		cd $(obj) &&							\
+		$(CC) -nostdlib -nostartfiles $(LTO_FINAL_LDFLAGS) $(c_flags)	\
+		$(KBUILD_LDFLAGS:%=-Wl,%) $(LDFLAGS_$(@F):%=-Wl,%)		\
+		$(patsubst $(obj)/%,%,$(u-boot-spl-init))			\
+		-Wl,--whole-archive						\
+			$(patsubst $(obj)/%,%,$(u-boot-spl-main))		\
+			$(patsubst $(obj)/%,%,$(u-boot-spl-platdata))		\
+			$(PLATFORM_LIBS)					\
+		-Wl,--no-whole-archive						\
+		-Wl,-Map,$(SPL_BIN).map -o $(SPL_BIN)				\
+	)
+else
 quiet_cmd_u-boot-spl ?= LD      $@
       cmd_u-boot-spl ?= \
 	(								\
@@ -438,6 +454,7 @@ quiet_cmd_u-boot-spl ?= LD      $@
 		--no-whole-archive					\
 		$(PLATFORM_LIBS) -Map $(SPL_BIN).map -o $(SPL_BIN)	\
 	)
+endif
 
 $(obj)/$(SPL_BIN): $(u-boot-spl-platdata) $(u-boot-spl-init) \
 		$(u-boot-spl-main) $(obj)/u-boot-spl.lds FORCE
