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In this video tutorial, the presenter explains how to change permalinks in WordPress. To modify a permalink, navigate to the posts or pages section and locate the permalink settings. For an existing post, scroll down to the permalinks section, where the URL slug can be edited by deleting or adding text. When creating a new post that hasn't been saved as a draft, the permalink will be visible, but there won't be an option to edit it yet since it is not finalized. The presenter emphasizes the simplicity of the process.