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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 size is 4.1 MB. To compress the file, click on a link provided in the video description to access a free tool. Choose between three compression options: extreme compression for text-only files, recommended compression for files with images. After selecting the desired option, click on "compress PDF" to start the process. Once completed, download the compressed file, reducing the size by 76% from 4.12 MB to a smaller size.