EDIT: For anyone coming to this question through searching, you can install a Gnome Theme called Clearlooks Compact to shorten your tabs in Eclipse. This will free up a
In addition to @Varun Mehta answer, I recommend the following tips for Eclipse 4 (Juno), whose interface is partially dictated and configurable by CSS rules:
In YourEclipseDir/plugins/org.eclipse.platform_4.x.y.v2012zzzzzzzz/css, edit:
e4_basestyle.csse4_default.csse4_default_gtk.css... and adjust those files. I use the following set of tweaks:
margin-* and padding to 0swt-shadow-visible: false everywhere you find it, to get rid of those huge shadows.MPartStack {font-size} to something smaller than 12Finally, remember you can disable the toolbar. In 4.0, its state wasn't remembered across sessions, but it seems like the issue is solved in 4.2.1
Bonus resources: Eclipse4/CSS will get you started on Eclipse4 CSS, E4/CSS/SWT Mapping lists other interesting CSS attributes, and CSS Spy will help you inspect the UI.
Screenshot of what I end up with:

EDIT: see also How to remove the close (×) button from Eclipse Juno tabs?