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In this video, the process of reducing the size of a PDF file without losing quality is demonstrated. The initial file size is 4.1 MB. By following the instructions provided, users can choose between extreme compression, recommended compression, or less compression based on the content of the PDF. After selecting the desired compression level, the file is compressed, and the download of the reduced PDF file is initiated. The final result shows a 76% reduction in size, from 4.12 MB to a smaller file size.