The two pieces of code are equivalent but the first one is using the ES6 destructuring assignment to be shorter.

Here is a quick example of how it works:

const obj = {
  name: "Fred",
  age: 42,
  id: 1
}

//simple destructuring
const { name } = obj;
console.log("name", name);

//assigning multiple variables at one time
const { age, id } = obj;
console.log("age", age);
console.log("id", id);

//using different names for the properties
const { name: personName } = obj;
console.log("personName", personName);