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In this video tutorial, the process of reducing the size of a PDF file without compromising the quality is shown. The original file is 4.1 MB. By following the steps provided in the video, which include selecting a compression level (extreme, recommended, or less), uploading the file, and downloading the compressed version, the file size can be reduced significantly. After compressing the PDF file, its size decreased by 76% to around 1.2 MB.