Sure Yahoo sucks, but take the good side of this story George Oates will do awesome work wherever she goes next so build something that's worth having her work on it and then get in touch
Terrible situation, sorry to hear about it. Brm, you're exactly right, as truly high-quality employees are let go from failing big companies it creates unbelievable opportunities for startups to pick them up.
It's true no matter whether you work for a small company or large company--if you do something that's valuable to someone, you won't go hungry.