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In this video tutorial, the process of reducing the size of a PDF file without losing quality is demonstrated. The original file size was 4.1 MB, and after following the steps outlined in the video, the file size was reduced by 76% to a smaller size. The key steps include selecting the appropriate compression level based on the file content (images or text-only), and then clicking on the compress PDF button to start the process. The tutorial also provides a free link to a website where the compression can be done.