I had more trouble finding this setting than I should have. Appears to be hamburger menu -> customize -> (bottom of page) density drop-down -> select compact. Still not sure if I like it. The tabs alone are still way too big for my liking.
Coupled with Ubuntu 17.10 and the Gnome that brings, the top of screen is going to be eaten up by way more UI than I would like. Is there any way to get Gnome to have a unified Ubuntu/application menubar like Unity?