Yes, we can zip and unzip the file/folder using cmd. See the below command and simply you can copy past in cmd and change the directory and file name
To Zip/Compress File
powershell Compress-Archive D:\Build\FolderName D:\Build\FolderName.zip
To Unzip/Expand File
powershell expand-archive D:\Build\FileName.zip D:\deployments\FileName