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In this tutorial, the video demonstrates how to hide placeholder text in content control form fields in Microsoft Word. Placeholder text appears light-gray to prompt users to fill in the form field, but you may prefer it not to be visible. To hide it, the presenter uses a form containing plain text form fields. First, they enable design mode, then highlight the placeholder text, ensuring to include the period. After selecting the text, a right-click brings up the font options. In the font effects section, the presenter shows how to check the "hidden" box, effectively hiding the placeholder text from view. Viewers are encouraged to check the playlist for more tutorials on creating fillable forms.