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In this video tutorial, the presenter demonstrates how to reduce the size of a PDF file without compromising its quality. By clicking on a provided link, you can choose a compression level - extreme compression for text-only files and recommended compression for files containing images. The process involves selecting the file, choosing the compression level, and compressing the PDF. The result is a significantly smaller file size, with the example in the video going from 4.12 MB to a much smaller size.