This furlough is an attempt to prevent another round of layoffs. Another round of layoffs would cause IBM to reconsider which projects are necessary and start eliminating projects as a whole.
30% pay for 1 week of a 52 week year works out to 0.5% of your salary. It could be worse...
30% pay for 1 week of a 52 week year works out to 0.5% of your salary. It could be worse...