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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 is 4.1 MB. The steps include clicking on a provided link, selecting the PDF file, choosing a compression level (extreme for text-only files, recommended for image-containing files), and then compressing the file. The download of the compressed file begins, resulting in a 76% reduction in size from 4.12 MB to a smaller size.