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In this video tutorial, the speaker demonstrates how to reduce the size of a PDF file without losing quality. The original file size is 4.1 MB. To compress the file, the viewer needs to click on a link provided in the video description, select the PDF file from their desktop, choose the compression level (recommended for images, extreme for text), and click "compress PDF." The process will begin uploading and compressing the file, resulting in a download of a significantly smaller file size (in this case, reduced from 4.12 MB to).