Model-based deep learning (MBDL) is a powerful methodology for designing deep models to solve imaging inverse problems. MBDL networks can be seen as iterative algorithms that estimate the desired image using a physical measurement model and a learned image prior specified using a convolutional neural net (CNNs). The iterative nature of MBDL networks increases the test-time computational complexity, which limits their applicability in certain large-scale applications. Here we make two contributions to address this issue: First, we show how structured pruning can be adopted to reduce the number of parameters in MBDL networks. Second, we present three methods to fine-tune the pruned MBDL networks to mitigate potential performance loss. Each fine-tuning strategy has a unique benefit that depends on the presence of a pre-trained model and a high-quality ground truth. We show that our pruning and fine-tuning approach can accelerate image reconstruction using popular deep equilibrium learning (DEQ) and deep unfolding (DU) methods by 50% and 32%, respectively, with nearly no performance loss. This work thus offers a step forward for solving inverse problems by showing the potential of pruning to improve the scalability of MBDL.