The Green's function coupled cluster (GFCC) method, originally proposed in the early 1990s, is a powerful many-body tool for computing and analyzing the electronic structure of molecular and periodic systems, especially when electrons of the system are strongly correlated. However, in order for the GFCC to become a method that may be routinely used in the electronic structure calculations, robust numerical techniques and approximations must be employed to reduce its extremely high computational overhead. In our recent studies, it has been demonstrated that the GFCC equations can be solved directly in the frequency domain using iterative linear solvers, which can be easily distributed in a massively parallel environment. In the present work, we demonstrate a successful application of model-order-reduction (MOR) techniques in the GFCC framework. Briefly speaking, for a frequency regime of interest that requires high-resolution descriptions of spectral function, instead of solving the GFCC linear equation of full dimension for every single frequency point of interest, an efficiently solvable linear system model of a reduced dimension may be built upon projecting the original GFCC linear system onto a subspace. From this reduced order model is obtained a reasonable approximation to the full dimensional GFCC linear equations in both interpolative and extrapolative spectral regions. Here, we show that the subspace can be properly constructed in an iterative manner from the auxiliary vectors of the GFCC linear equations at some selected frequencies within the spectral region of interest. During the iterations, the quality of the subspace, as well as the linear system model, can be systematically improved. The method is tested in this work in terms of the efficiency and accuracy of computing spectral functions for some typical molecular systems such as carbon monoxide, 1,3-butadiene, benzene, and adenine. To reach the same level of accuracy as that of the original GFCC method, the application of MOR in the GFCC method is able to significantly lower the original computational cost for the aforementioned molecules in designated frequency regimes. As a byproduct, the reduced order model obtained by this method is found to provide a high-quality initial guess, which improves the convergence rate for the existing iterative linear solver.