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Today's YouTube tutorial discusses reducing the size and speeding up an Excel file using a special trick not found online. Starting with a 10MB file with limited data, the process involves making copies of the original file, renaming them, and working on the copy file. Testing the loading time and performance, including enabling editing, is crucial. After checking the speed of the worksheet by clicking quickly from cell to cell and testing zoom performance, the video highlights the issue of Excel not responding due to poor performance.