For the H8/300, ld can perform these global optimizations when you specify the --relax command-line option.
jsr and jmp instructions whose
targets are within eight bits, and turns them into eight-bit
program-counter relative bsr and bra instructions,
respectively.
mov.b instructions which use the
sixteen-bit absolute address form, but refer to the top
page of memory, and changes them to use the eight-bit address form.
(That is: the linker turns mov.b @aa:16 into
mov.b @aa:8 whenever the address aa is in the
top page of memory).
band, bclr,
biand, bild, bior, bist, bixor, bld, bnot, bor, bset, bst, btst, bxor
which use 32 bit and 16 bit absolute address form, but refer to the top
page of memory, and changes them to use the 8 bit address form.
(That is: the linker turns bset #xx:3,@aa:32 into
bset #xx:3,@aa:8 whenever the address aa is in
the top page of memory).
ldc.w, stc.w instructions which use the
32 bit absolute address form, but refer to the top page of memory, and
changes them to use 16 bit address form.
(That is: the linker turns ldc.w @aa:32,ccr into
ldc.w @aa:16,ccr whenever the address aa is in
the top page of memory).