Giving you a bump because I see the same issue And no one seems to have a good solution.
I had over 30K+images externally referenced off a secondary partition in iPhoto and Aperture. My iPhoto database was showing about 30 GB in my Picture folder before I imported it into Photos.
After importing, my Photos database has steadily grown to about 75 GB. I may have added about 4 GB of externally referenced images raj@nidwannaya.com since the conversion to Photos, but that doesn't account for the increase in 45GB of the database.
In checking the packages content of Photos databas, the largest size is the resources folder, about 50 GB.
I also use Picasa to upload images to Google+ to share with friends and family and it does nothing of this sort. Its database is miniscule compared to iPhoto or Photos despite the fact that it references the same pictures off my secondary volume, and I make basic edits like straighten, crop, and contrast before uploading/sharing online. There is no need to import anything because it monitors mt photo folder and automatically shows new photos when thy are added to the folder.
I am running out of disc space on my main partition and don't understand how the Photos database has swelled so much. Only reason I have used iPhoto so far is because I can sync my 5-star rated photos (Smart Album) with AppleTV, but the issue with the growing size of the Photos database has left me seriously reconsidering whether I want to continue using Photos to manage my pictures.