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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 a free link provided in the video description and select the PDF file from your desktop. Choose between extreme compression for text-only files or recommended compression for files with images. Once the compression level is selected, click on "compress PDF" to initiate the process. After the file is uploaded and compressed, download the smaller version. In this case, the file size was reduced by 76%, from 4.12 MB to a smaller size.