Braun has been effectively terminated already, based on the hiring fiasco. Her wishes were not only ignored, she was not even aware of the actual hiring plans. She is now not much more than a figurehead....and an awful one at that.
If I were her "employees", I would consider this very carefully as it relates to my employ-ability and allegiances.
EDIT: I would also add that LJ may have been told outright that he reports as much (or entirely) to Mone and not to Braun, making his position very solid and safe, and eliminating any uneasiness he may have in the office. That is speculation on my part, of course, but if I were Mone, that is what I would have told him and why.