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Rajeev welcomes viewers to a tutorial demonstrating how to reduce the size of large Excel files containing macros and formulas. By saving the file in dot XLSB format instead of XML, the file size is reduced significantly. This process converts the file to binary format, resulting in a much smaller size. By following this method, users can effectively decrease the size of Excel files containing numerous macros and formulas. Rajeev concludes by encouraging viewers to subscribe and share the channel.