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In this video tutorial, the presenter demonstrates how to reduce the size of a PDF file without losing quality. The original file was 4.1 MB, and after following the steps provided in the video, the file size was reduced by 76%. The process involves clicking on a link in the video description, selecting the PDF file, choosing a compression level (recommended compression for image files and extreme compression for text-only files), and then compressing the PDF. The presenter emphasizes the importance of selecting the appropriate compression level based on the content of the file.