Because they know everyone that would have ever left them has already done so. Nothing to lose...
There's just no need, or space, for Yahoo anymore.
[1]: While Hotmail doesn't technically exist anymore -- it redirects to Outlook.com now -- I know more than one person who got their email account there back when it was Hotmail, still use it, and still refer to it that way. And at least one of those people is someone younger than I am and who's tech-savvy enough to be putting together his own PCs. Anecdata, of course, but I think a good illustration of why services like Yahoo Mail are likely to exist way, way longer than we might think.