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In the tutorial, the key steps to compressing images in a file are highlighted. The user first looks at the file size of a 26 megabyte file and then proceeds to compress the images. This can be done by selecting a picture, clicking the picture format tab, and choosing to compress pictures with options like high fidelity. Another method is to click on file compress pictures, which automatically compresses all pictures in the file. After compressing, the changes need to be saved in order to reduce the file size.