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In this video tutorial, the process of reducing the size of a PDF file without losing quality is demonstrated. The original file size was 4.1 MB. Steps include clicking on a provided link, selecting the PDF file, choosing the compression level (extreme, recommended, or less), and compressing the file. For files with images, recommended compression is suggested, while extreme compression is advised for text-only files. The compressed file is then downloaded, resulting in a 76% reduction in file size from 4.12 MB to a smaller size.