I think a successful strategy could look something like this: First, fire a bunch of people to free up some money. Next, hire some upper level management from Google (or Facebook, Apple, wherever) and give them the authority to build new organizations within Yahoo using either existing Yahoo employees or by hiring people away from other companies in the valley. Sell the opportunity to work at "the new yahoo" under manager X (who was recently hired and presumably has some name recognition) that is insulated from "the old yahoo" and all its crappy culture of politics and underachievement.