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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, viewers are instructed to click on a provided link, select the PDF file, and choose between three compression options: extreme compression, recommended compression for files with images, and less compression for text-only files. Once the compression level is chosen, the file is uploaded and compressed accordingly. After the process is complete, users can download the compressed file, which is now 76% smaller in size.