This code snippet demonstrates object destructuring in JavaScript. It's extracting the values of `name` and `age` properties from an object `{name: 'John', age: 30}` into variables `name` and `age` using destructuring assignment. In this case: - `name` will be assigned the value `'John'` - `age` will be assigned the value `30` So, after executing this code, the values of `name` and `age` will be as follows: ``` name = 'John' age = 30 ``` This is a concise way of extracting specific values from objects, making the code more readable and easier to work with.