I have a simple Excel xlsx file with one sheet and one external link which becomes corrupted if I open it and save it with openpyxl. This is a question similar to others (here and here and elsewhere). However, my example does not contain complicated excel features like charts / images / macros. And my example is not solved by different versions of openpyxl. I have tested these versions of openpyxl: 3.0.3 2.4 3.1.1 3.1.2 I have a simple Excel file with one sheet. It has one formula which is a link to another workbook. The formula is: ='C:\Temp\temp\[Book2.xlsx]Sheet1'!$A$3 Now I run the simple program: def main(): f1="C:/Temp/temp/Book1.xlsx" print(openpyxl.__version__) wb=openpyxl.load_workbook(filename=f1) wb.save(f1) wb.close() After I run this the file becomes corrupted: If I allow Excel to attempt to recover the file, the external link appears as: =[RecoveredExternalLink1]Sheet1!$A$3 I can update this link to the original file and no other corruption appears to have occurred. This problem seems to have happened recently. Similar code I have been using for over a year has started to produce this issue in the last couple of months. My version of Excel (64 bit) is: Continue reading...