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In this video tutorial, the presenter demonstrates how to reduce the size of a PDF file without compromising its quality. The original file size is 4.1 MB. To compress the file, click on the link provided in the video description to access a free tool. Select the PDF file from your desktop and choose the compression level based on the content - extreme compression for text-only files and recommended compression for files with images. After selecting the compression level, click on "compress PDF" to start the process. Once the file is compressed, download the smaller file, which now has a reduced size of 76%, from 4.12 MB to a smaller size.