diff --git a/new/gcc.jam b/new/gcc.jam
index 5be0314bc..1c61743bc 100644
--- a/new/gcc.jam
+++ b/new/gcc.jam
@@ -79,6 +79,8 @@ actions compile
 
 # Declare flags and action for linking
 flags gcc.link OPTIONS <debug-symbols>on : -g ;
+# Strip the binary when no debugging is needed.
+flags gcc.link OPTIONS <debug-symbols>off : -s ;
 flags gcc.link OPTIONS <profiling>on : -pg ;
 flags gcc.link OPTIONS <linkflags> ;
 flags gcc.link LINKPATH <library-path> ;
@@ -108,6 +110,7 @@ actions piecemeal archive
 
 # Declare flags and action for linking shared libraries
 flags gcc.link-dll OPTIONS <debug-symbols>on : -g ;
+flags gcc.link-dll OPTIONS <debug-symbols>off : -s ;
 flags gcc.link-dll OPTIONS <profiling>on : -pg ;
 flags gcc.link-dll OPTIONS <linkflags> ;
 flags gcc.link-dll LINKPATH <library-path> ;
diff --git a/v2/gcc.jam b/v2/gcc.jam
index 5be0314bc..1c61743bc 100644
--- a/v2/gcc.jam
+++ b/v2/gcc.jam
@@ -79,6 +79,8 @@ actions compile
 
 # Declare flags and action for linking
 flags gcc.link OPTIONS <debug-symbols>on : -g ;
+# Strip the binary when no debugging is needed.
+flags gcc.link OPTIONS <debug-symbols>off : -s ;
 flags gcc.link OPTIONS <profiling>on : -pg ;
 flags gcc.link OPTIONS <linkflags> ;
 flags gcc.link LINKPATH <library-path> ;
@@ -108,6 +110,7 @@ actions piecemeal archive
 
 # Declare flags and action for linking shared libraries
 flags gcc.link-dll OPTIONS <debug-symbols>on : -g ;
+flags gcc.link-dll OPTIONS <debug-symbols>off : -s ;
 flags gcc.link-dll OPTIONS <profiling>on : -pg ;
 flags gcc.link-dll OPTIONS <linkflags> ;
 flags gcc.link-dll LINKPATH <library-path> ;